GACC: China's stainless exports rebound in Nov, imports fall

China's stainless steel exports staged a notable on-month recovery in November from the year-low registered in October, according to new data released by the General Administration of Customs (GACC), with last month's stainless exports surging 13.2% month-on-month to approximately 405,300 tonnes.

Industry analysts attribute the increase primarily to "front-loading" behaviour by exporters, who rushed shipments in anticipation of a new export licensing policy announced on December 12, a move that requires exporters to secure licences based on formal export contracts and manufacturer-issued quality inspection certificates, as Mysteel Global reported. The