China’s steel exports surged in March

According to data from the General Administration of Customs, China’s steel exports in March were 7.542 million tons, an increase of 2.279 million tons from the previous month, an increase of 56.73%; a year-on-year increase of 1.066 million tons, a year-on-year increase of 16.46%; China exported 17.682 million tons of steel from January to March, a year-on-year increase An increase of 23.8%.

In March, China imported 1.32 million tons of steel, a year-on-year increase of 15.96%; from January to March, China imported 3.718 million tons of steel, a year-on-year increase of 17%. In March, China iron ore imports were 10.210.9 million tons, a year-on-year increase of 18.85%; from January to March, China iron ore imports were 2.62358 million tons, a year-on-year increase of 8%.