SMM Steel Imports and Exports Report: Steel Exports Slightly Down Month-on-Month, Will High Year-on-Year Levels Be Maintained in the Future? According to data from the General Administration of Customs on November 7th, China exported 7.939 million tons of steel in October 2020, a decrease of 124,000 tons from the previous month, a decrease of 1.5% month-on-month; in the first 10 months, cumulative exports of 74.732 million tons, an increase of 34.8% year-on-year. China imported 668,000 tons of steel in October, an increase of 28,000 tons from the previous month; in the first 10 months, cumulative imports of 6.366 million tons, a decrease of 30.1% year-on-year.
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