GACC: China's Jan-Sept steel exports leap 21% YoY

China's steel exports totalled 80.71 million tonnes during this year's January-September period, higher by 21.2% on year, according to the latest data released by China's General Administration of Customs (GACC) on October 14.

For September alone, the country's steel exports soared by 25.9% on year to 10.15 million tonnes, Mysteel Global calculated based on the Customs data. The shipments of Chinese steel products abroad in September were mainly fulfilling orders signed about two months earlier, Mysteel Global notes. Behind the elevated export volume last month was the