In 2023, China's HRC export growth rate was as high as 84.09% YoY

From the perspective of product structure, except for the year-on-year decrease in pipe/tube exports in 2023, all other products increased last year. Specifically, the increase in China's steel exports was mainly contributed by plates. Exports of HRC, medium thickness plate, wire rod, cold-rolled coil and strip steel were 21.18 million mt (up 84.09 YoY), 8.5789 million mt (up 43.59% YoY), 10.8817 million mt (up 42.06% YoY), 6.2005 million mt (up 13.33% YoY) and 803,500 mt (up 12.52% YoY) respectively, while those of pipe/tube were 8.6529 million mt (down 53.15% YoY).