Steel Exports Decline Monthly but Rise Yearly in February from Domestic Ports

According to the latest data from SMM Steel Shipping, the total steel exports from 32 domestic ports in February reached 9.6551 million mt, down 26.3% MoM but up 32.2% YoY.

Specifically, exports from Tianjin Xingang were 2.9956 million mt (down 17.2% MoM); Caofeidian Port, 739,500 mt (down 14.8% MoM); Jingtang Port, 108,600 mt (down 73.6% MoM); and Luojing Port, 934,500 mt (down 41.6% MoM).