[SMM Analysis] Analysis of China's Non-oriented Electrical Steel Imports and Exports
iconJul 18, 2025 11:45
Source:SMM
Specifically, in recent years, China's imports of non-oriented electrical steel have continued to decline. The total imports for the entire year of 2023 were 119,000 mt, while by the end of 2024, the total imports for the year were only 76,100 mt, representing a 36% YoY decrease. As of the first five months of 2025, the current total imports were only 26,100 mt, far below the average for the same period, with nearly all monthly YoY comparisons showing negative growth trends. Exports increased from 74.37 mt in 2023 to 805,100 mt in 2024, representing an 8% YoY increase. As of the first five months of 2025, the current total exports were 343,100 mt, with export volumes still showing an expansion trend.

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