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Zibo Modern Steel Co.,Ltd

In October, China Exported 4.98 Million Tons Of Steel Products

According to the statistics of the General Administration of Customs, in May 2017, China exported 4.98 million tons of steel products, down 160,000 tons from the previous month and down 2.72 million tons or 35.3% from the same period of last year. Its monthly export volume dropped to 5 million tons for the first time since March 2014 the following. October imports of 950,000 tons of steel, a decrease of 290,000 tons the previous month, down 130,000 tons, down 12%; January-October total exports of 64.49 million tons of steel, down 28.14 million tons, down 30.4%; total imports Steel 10.96 million tons, an increase of 50,000 tons, an increase of 0.5%.

In October, China imported 79.99 million tons of iron ore, down 23.34 million tons from the previous month and 1.31 million tons from the same period of last year, down 1.6%. Total imports of iron ore from January-October amounted to 89.623 million tons, up by 53.06 million tons or 6.3% from the same period of last year.

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