China’s steel exports over January-February, 2023 rose a substantial 39% to 11.40 mnt compared to 8.18 million tonnes (mnt) in the same two months in 2022. M-o-m, however, volumes remained stable in February 2023, dipping a mere 1% to 5.66 mnt from 5.72 mnt in January. China’s exports to Southeast Asia region in February rose 23% m-o-m and 32% over January-February 2023 compared to the same two months last year. Southeast has traditionally been the largest export market for China and the trend has sustained, although Middle East and Africa had gained some prominence last year.
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