GACC: China's stainless exports rise MoM in August as foreign buyers return

China's stainless steel exports reached around 445,663 tonnes in August, up 54,269 tonnes or 13.9% month on month, according to new data from the country's General Administration of Customs (GACC). However, the total was still lower by 2,181 tonnes or 0.5% year on year.

Exports rebound on recovering overseas demand The on-month rebound came as summer holidays ended in some overseas markets and orders recovered, according to market sources. Exports to several destinations increased, with those to India recording the largest gain. Shipments to India jumped by 27,236 tonnes or 61.1% from July to 71,845