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Home / Metal News / China Stainless Steel Exports to Continue Falling in August, SMM Expects

China Stainless Steel Exports to Continue Falling in August, SMM Expects

iconAug 25, 2017 14:00
Source:SMM
China exported 360,000 tonnes of stainless steel in July, down 38,000 tonnes or 9.5% from June, customs data showed.

SHANGHAI, Aug. 25 (SMM) – China exported 360,000 tonnes of stainless steel in July, down 38,000 tonnes or 9.5% from June, customs data showed.

CISA Lobbying Chinese Authorities for Incentives to Steel Exports, SMM Reports

The decline, which is in line with forecast, was due to summer break in European market, SMM explained.

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Stainless steel exports totaled 2.39 million tonnes during January-July, up 8.3%. 

In August, prices of Chinese stainless steel are higher than those from South Korea, Thailand, the Middle East, etc. Southeast Asia takes up about 40% of China’s stainless steel exports.   

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

China Stainless Steel Exports
China Stainless Steel Exports july 2017

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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