GACC: China's Q1 steel exports drop 10% YoY to 24.7 million tonnes

China's finished steel exports fell by 9.9% on year to total 24.72 million tonnes in the first three months of 2026, according to the latest statistics from the country's General Administration of Customs (GACC) on April 14.

For March alone, China exported 9.14 million tonnes of finished steel, down 12.6% on year, Mysteel calculated based on the GACC data. GACC does not provide commentary with its data, but several factors may explain last month's double-digit on-year decline. First, escalating Middle East tensions after US and Israel attacked Iran on