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China’s steel bar exports increase by 10.8 percent in January-February

Thursday, 24 March 2016 10:48:47 (GMT+3)   |   Shanghai
       
In February this year, China’s export volumes of steel bars, angles/channels, wire rods and steel plates amounted to 3.07 million mt, 360,000 mt, 130,000 mt, and 3.73 million mt, up 10.83  percent, down 12.20 percent, declining by 27.78 percent and increasing by 13.03 percent, respectively, year on year, as announced by the Chinese customs authorities. In the January-February period of the current year, China’s export volumes of steel bars, angles/channels, wire rods and steel plates totaled 7.23 million mt, 800,000 mt, 330,000 mt, and 7.67 million mt, increasing by 10.8 percent, declining by 10.1 percent, down 28.9 percent and rising by 13.1 percent, respectively, year on year.

In February this year, China exported 8.11 million mt of finished steel, up 4.0 percent year on year, while the finished steel export volume in the January-February period this year totaled 17.85 million mt, decreasing by 1.3 percent year on year, as previously announced by Chinese customs.

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