China’s steel exports up 50.2% in Sep
China’s steel products exports in September surged 50.2% to hit 6.67 million tons from a year earlier, according to the General Administration of Customs.
However, the figure is 1.01 million tons lower than that in August this year.
For the first nine months this year, steel products exports dropped 2.1% from a year ago to 4.85 million tons, with the export value up 46.5% to US$49.83 billion.
China imported 1.27 million tons of steel products in September, down 4.54% month-on-month and 11.1% year-on-year, while imports of steel products totaled 12.32 million tons during the Jan.-Sep. period, down 5% from a year earlier.
Iron ore imports in September amounted to 39.20 million tons, representing a year-on-year increase of 17.93%, and the accumulated iron ore imports for the first nine months rose 22% to 346.11 million tons.
Tags: export, exports, import, imports, iron-ore, steel