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China's steel bar exports increased in May

China's steel bar exports increased in May compared to the previous month and the same month of the previous year.

China's steel bar exports increased in May

According to statistics, China's steel bar exports amounted to 1.04 million tonnes in May, up 14.3% m-o-m and 25% y-o-y.

China exported 230,000 tonnes of wire rod and 460,000 tonnes of angle in May, up 4.6% and 9.5% m-o-m and 19% and 30% y-o-y, respectively.

In the first five months of this year, China's steel bar exports increased by 74% y-o-y to nearly 4.6 million tonnes. Wire rod exports amounted to 1.01 million tonnes, up 25% y-o-y, while angle exports amounted to 2.02 million tonnes, up 64% y-o-y.


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