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Jan-Apr steel exports up 24.5%, imports up 16.9%

ABSTRACT

China exported 25.7 million tonnes of finished steel over January-April, up 24.5% on year, and imports totalled 4.9 million tonnes over the same period, up 16.9% on year, the latest statistics from China’s General Administration of Customs (GACC) published on May 7 showed, with the growth rates largely the same as during first quarter.
As a result, China remained a net steel exporter over the first four months of this year. In April alone, steel exports approximated 8 million tonnes, up further from 7.5 million tonnes in March or refreshing a monthly high since November 2016, according to GACC’s data. On the other hand,

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