Posted on 11 Nov 2019
Based on the statistics released by China’s General Administration of Customs on November 8th, the total exports of steel were 4.8 million tons in October, which decreased by 13.1% year on year.
Moreover, the total exports of steel from January to October this year had come to 55 million tons, dropped by 5.8% year on year.
On the other hand, the total imports of steel in China in October was around 1 million tons, decreased by 10.1% year on year.
In addition, the total imports of steel in China from January to October were 9.8 million tons, which declined by 11.9% year on year.