China steel plate exports down 5.1% YoY in October, with steel bar exports down 34.6%

Published: Nov 24, 2020 13:25
China exported 2.44 million mt of steel plate in October 2020, down 15.1% year on year, according to the latest customs data. Exports in January-April also decreased 18.7% from the same period last year and came in at 26.9 million mt.

SHANGHAI, Nov 24 (SMM) – China exported 2.44 million mt of steel plate in October 2020, down 15.1% year on year, according to the latest customs data. 

Exports in January-April also decreased 18.7% from the same period last year and came in at 26.9 million mt. 

China's exports of steel bar stood at 470,000 mt, 34.6% lower on the year. This brought steel bar exports in the first ten months of the year down 31% from a year ago to 5.82 million mt. 

Exports of steel wire rods posted 170,000 mt, up 7.3% on the year, with the accumulative exports in January-October 3.7% lower on the year at 1.65 million mt. 

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China steel plate exports down 5.1% YoY in October, with steel bar exports down 34.6% - Shanghai Metals Market (SMM)