GACC: China's Jan-Nov steel exports swell 22.6% YoY

China's steel exports jumped by 22.6% on year to reach 101.15 million tonnes over January-November, the second highest level after 2015, according to the latest data released by China's General Administration of Customs (GACC) on December 10.

For November alone, the country's steel exports also climbed by 15.9% on year to 9.28 million tonnes, despite a 17% on-month decrease, Mysteel Global calculated based on the Customs data. China's steel shipments abroad in November were mainly fulfilling orders booked about two months earlier in September, Mysteel Global notes. September is usually regarded by