China Stainless Steel Import and Export Data in November

China's stainless steel imports totalled 3.05 million mt from January to November, while exports were 4.16 million mt.

China’s stainless steel imports stood at 291,600 mt in November, down 6.22% MoM and up 22.6% YoY.

The imports totalled 3.05 million mt from January to November, a year-on-year increase of 14.72%.

In November, China imported 232,000 mt of stainless steel from Indonesia, a month-on-month decrease of 40,000 mt, or 14.71%, and a year-on-year increase of 45,700 mt, or 24.53%.

Imports from Indonesia amounted to 2.57 million mt in the first 11 months of the year, up 27.06% YoY. 

In November, China's stainless steel exports stood at 400,800 mt, a month-on-month increase of 105,000 mt or 35.50%, and a year-on-year increase of 6,800 mt or 1.71%.

The exports totalled 4.16 million mt from January to November, a year-on-year increase of 3.55%.

In November, China's stainless steel net export volume was 109,200 mt, a year-on-year decrease of 47,000 mt, or 30.09%.

The net export totalled 1.11 million mt from January to November, a year-on-year drop of 18.25%.