According to the latest data from the Chinese customs authorities, in September this year China's finished steel exports rose by 20,000 mt from August to 4.21 million mt, increasing by 39.87 percent as compared to September last year. In the January-September period of the current year, China's exports of finished steel totaled 37.15 million mt, increasing by 9.5 percent year on year.
As for imports, in September China imported 1.33 million mt of finished steel, decreasing by 20,000 mt month on month and increasing by 0.76 percent year on year. In the first nine months, China's finished steel imports totaled 11.96 million mt, down 4.3 percent year on year.
China's imports of semi-finished steel totaled 30,000 mt in September, while China did not export any semi-finished steel products during the given month. In the first nine months of the year, China's imports of semi-finished amounted to 430,000 mt, down by two percent year on year.
In addition, in September China exported 140,000 mt of metallurgical coke, down 110,000 mt as compared to August. In the first nine months, China's coke exports amounted to 3.01 million mt, increasing by 24.4 percent year on year.
Also in September, China imported 60.57 million mt of iron ore, increasing by 1.48 million mt as compared to August and up 15.15 percent year on year. In the January-September period, China's imports of iron ore amounted to 508.08 million mt, increasing by 11.1 percent year on year.