China’s steel exports in August 2022 were at 6.15 million tonnes (mnt), a y-o-y increase of 22%, as per data released by the General Administration of Customs. Over January-August, 2022, the country’s steel exports were at 46.23 mnt, a y-o-y decline of 4%. On a m-o-m basis, exports of the same were down 7% against 6.64 mnt in July, 2022. In August, China imported 893,000 tonnes (t) of steel, a y-o-y drop of 16%. In January-August, 2022, steel imports also showed a decline of 21% to 7.45 mnt steel.
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