Moderate Steel Export Orders in March, Decline Predicted for April

Published: Mar 24, 2025 19:28

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Overall, the main export entities had moderate order intake in the previous period. The reduction in exports from Vietnam and some countries observing Ramadan was offset by increased exports from Singapore, South Korea, Japan, and Malaysia. Therefore, China's steel exports in March may not see a significant decrease MoM; however, considering that most traders have recently reported poor performance of major steel export products and order intake, this data is expected to become evident in late April. Thus, SMM predicts that steel exports in April will decline 10%-15% MoM...

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