SMM steel import and export report: Annual exports exceed 90 million tons! How will the next 24 years unfold?

On December 7th, the General Administration of Customs data showed that in December 2023, China exported 7.728 million tons of steel, a decrease of 0.277 million tons from the previous month, a month-on-month decrease of 3.5%; From January to December, the cumulative export of steel was 90.264 million tons, a cumulative year-on-year increase of 36.2%.

In December, China imported 665,000 tons of steel, an increase of 51,000 tons from the previous month, a month-on-month increase of 8.3%; From January to December, the cumulative import of steel was 7.645 million tons, a cumulative year-on-year decrease of 27.6%...