[SMM Steel Import and Export Report: The cumulative steel export from January to April still maintained a high growth rate, and the export orders in May remained at the original level]

In terms of imports, according to the data from the General Administration of Customs, China imported 658,000 tons of steel in April 2024, an increase of 41,000 tons from the previous month, representing a month-on-month rise of 6.6%. Year-on-year, it increased by 12.48%. On the export side, the data from the General Administration of Customs showed that China exported 9.224 million tons of steel in April 2024, a decrease of 664,000 tons from the previous month, representing a month-on-month decline of 6.7%. Year-on-year, it increased by 16.29%. China's steel imports still remain at a low level compared to the same period in previous years, while exports remain high, maintaining the overall net export situation unchanged...