China's Steel Exports Surge in January, Up 14.54% MoM and 53.93% YoY

According to the latest data from SMM Steel Shipping, the total steel export volume from 32 domestic ports in January reached 13.1027 million mt, up 14.54% MoM and 53.93% YoY.

Specifically, Tianjin Xingang exported 3.6161 million mt (up 7.84% MoM); Caofeidian Port exported 868,400 mt (up 5.41% MoM); Jingtang Port exported 411,200 mt (down 33.21% MoM); Luojing Port exported 1.6001 million mt (up 32.19% MoM); and Bayuquan exported 772,700 mt (up 34.59% MoM).