China’s finished steel exports declined 8% year-on-year (y-o-y) to 44.6 million tonnes (mnt) during January-May 2026, according to China Customs data. The decline reflects softer overseas demand, mounting trade restrictions and a gradual moderation from the exceptionally strong export performance recorded in 2025. However, exports rebounded to 10.3 mnt in May from 9.5 mnt in April, suggesting Chinese mills continue to find overseas outlets despite a more challenging global trading environment.

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