In November 2009, China's hot rolled coil export volume stood at 731,100 mt, up 403,100 mt or 122.88 percent year on year, totaling a value of $416 million, up $75 million or 22.06 percent compared with the same month last year. The average export price was $568.77/mt. Total January-November HRC exports reached 2.9467 million mt, down 7.2622 million mt or 71.14 percent, amounting to a value of $1.792 billion, down $7.451 billion or 80.61 percent year on year.
Meanwhile, in November, the country's HRC imports came to 168,800 mt, up 75,500 mt or 80.96 percent year on year, totaling a value of $156 million, up $41 million or 36.11 percent compared with the same month last year. The average HRC import price was $926.6/mt. Total HR coil imports in the January-November period reached 4.1619 million mt, up 2.4694 million mt or 145.91 percent, amounting to $2.626 billion in value, up $715 million or 37.39 percent year on year.