In December, China's imports of stainless steel were 236,800 million mt, a decrease of 54,800 mt or 18.79% from the previous month, and down 33,600 mt or 12.42% on the year. The imports from Indonesia stood at 189,800 mt, a decrease of 42,200 mt or 18.19% over the month, and down 22,900 mt or 10.77% on a yearly basis.

The total imports of stainless steel amounted to 3.29 million mt throughout 2022, up 357,500 mt or 12.21% year-on-year. The imports from Indonesia totalled 2.76 million mt, up 524,500 mt or 23.46% year-on-year.

China's export of stainless steel reached 390,500 mt in December, down 10,300 mt or 2.56% from the previous month and down 52,300 mt or 11.82% on the year. The total exports were 4.55 million mt throughout 2022, up 904,000 mt or 2.03% year-on-year.

In December, China's net exports of stainless steel were 153,700 mt, an increase of 44,500 mt or 40.75% on a monthly basis, and down 18,800 mt or 10.89% on the year. The total net exports amounted to 1.27 million mt in the full year of 2022, down 267,200 mt or 17.43% year-on-year.