China increased its exports of steel products

During this period, total export value decreased by 7.8% annually to 72.05 billion dollars. As a result, the average export price of steel products was $964.1 per ton; This figure is 31.6% lower than the previous year.

In October alone, China exported 7.94 million tons of finished steel products; This reflects significant year-on-year growth of 53.1%. However, according to the data, there was a slight decrease of 1.5% on a monthly basis.

The total value of these exports in October was 6.29 billion dollars, with a decrease of 7.1% compared to the previous year and 4.2% compared to the previous month. The average export price was calculated at $792 per ton; This represents a significant decrease of 39.4% compared to the previous year and 2.7% compared to September.