GACC: China's stainless exports surge MoM in April on strong Asian demand

China's stainless steel exports rebounded sharply in April to 394,300 tonnes, higher by 84,100 tonnes or 27.1% from March, new data from the General Administration of Customs (GACC) show. The volume was still 53,500 tonnes or 11.9% below the same month last year, however.

Over this year's January-April period, China's stainless steel exports totaled some 1.2 million tonnes, down 476,600 tonnes or 28.5% year on year, the data show. Broad-based recovery across products and destinations The on-month rebound in China's stainless exports was linked to easing Middle East tensions, market sources said. The rise also