In April, China's finished steel exports totaled 1.4143 million mt, sharply down 3.3592 million mt or 70.37 percent year on year, totaling a value of $1.585 billion, down $2.846 billion or 64.23 percent compared with the same month last year. In addition, finished steel exports for the January-April period reached 6.5585 million mt, down 9.6036 million mt or 59.42 percent, amounting to a total value of $7.529 billion, down $6.821 billion or 47.53 percent year on year.
Meanwhile, China's finished steel imports in April totaled 1.6162 million mt, up 112,900 mt or 7.51 percent year on year, totaling $1.766 billion in value, down $354 million or 16.71 percent compared with the same month last year. In addition, finished steel imports for the January-April period reached 4.8521 million mt, down 816,600 mt or 14.41 percent, amounting to a value of $6.03 billion, down $1.469 billion or 19.58 percent year on year.
In April, the country's net imports of finished steel amounted to 201,900 mt, totaling a value of $181 million. The average export price was $1,120.61/mt, up $192.34/mt or 20.72 percent year on year. The average import price was $1,092.95/mt, down $317.91/mt or 22.53 percent year on year. The export price was $27.66/mt or 2.53 percent higher than the import price.
The breakdown of China's steel imports and exports in April is as follows:
Steel bar exports in April stood at 35,100 mt, down 510,200 mt or 93.56 percent year on year, totaling $35 million in value, down $435 million or 92.64 percent compared with the same month last year. The average export price was $982.65/mt. Total exports in the January-April period reached 205,900 mt, down 1.4222 million mt or 87.35 percent, amounting to $205 million in value, down $1.129 billion or 84.61 percent year on year.
Steel bar imports in April stood at 20,700 mt, down 22,500 mt or 56.06 percent year on year, totaling $44 million in value, down $36 million or 45.3 percent compared with the same month last year. The average import price was $2,118.74/mt. Total January-April steel bar imports reached 71,100 mt, down 77,300 mt or 52.09 percent, amounting to a total value of $159 million, down $117 million or 42.33 percent year on year.
Rebar exports in April stood at 19,100 mt, down 90,400 mt or 82.58 percent year on year, totaling $12 million in value, down $67 million or 84.5 percent compared with the same month last year. The average export price was $643.14/mt. Total rebar exports in the January-April period reached 129,400 mt, down 336,300 mt or 72.2 percent, amounting to $81 million, down $224 million or 73.47 percent year on year.
Rebar imports in April stood at 2,000 mt, down 200 mt or 7.49 percent year on year, totaling $2 million in value, up $300,000 or 22.93 percent compared with the same month last year. The average import price was $773.2/mt. Total January-April rebar imports reached 11,800 mt, down 500 mt or 3.86 percent, amounting to a total value of $9 million, down $2.5 million or 40.28 percent year on year.
China's wire rod exports in April totaled 51,100 mt, down 455,600 mt or 89.9 percent year on year, totaling $26 million in value, down $355 million or 93.16 percent compared with the same period last year. The average wire rod export price was $510.25/mt. Total exports in January-April reached 230,700 mt, down 1.0249 million mt or 81.62 percent, amounting to $126 million in value, down $749 million or 85.63 percent year on year.
Wire rod imports in April amounted to 32,000 mt, down 22,900 mt or 41.72 percent year on year, totaling a value of $35 million, down $27 million or 43.38 percent compared with the same period last year. The average wire rod import price was $1,096.3/mt. Total imports in January-April reached 110,600 mt, down 77,600 mt or 41.24 percent, amounting to $128 million, down $85 million or 39.74 percent year on year.
China's medium plate exports in April reached 168,400 mt, down 521,800 mt or 75.6 percent year on year, totaling $136 million in value, down $474 million or 77.69 percent compared with the same period last year. The average export price was $807.85/mt. Total January-April exports reached 1.0373 million mt, down 1.8471 million mt or 64.04 percent, amounting to a total value of $967 million, down $1.434 billion or 59.74 percent year on year.
Medium plate imports in April stood at 102,600 mt, down 9,100 mt or 8.17 percent year on year, totaling $167 million, down $15 million or 8.03 percent compared with the same month last year. The average import price was $1,626.71/mt. Total January-April medium plate imports came to 388,700 mt, down 25,500 mt or 6.16 percent, amounting to $669 million, up $47 million or 7.51 percent year on year.
China's HR coil export volume in April stood at 109,400 mt, down 698,700 mt or 86.46 percent year on year, totaling a value of $80 million, down $548 million or 87.32 percent compared with the same period last year. The average export price was $728.28/mt. Total January-April HR coil exports reached 527,600 mt, down 2.1777 million mt or 80.5 percent, amounting to $403 million, down $1.584 billion or 79.71 percent year on year.
HR coil imports in April came to 497,900 mt, up 309,700 mt or 164.62 percent year on year, totaling a value of $270 million, up $71 million or 35.63 percent compared with the same period last year. The average HR coil import price was $541.55/mt. Total HR coil imports in the January-April period reached 1.2836 million mt, up 602,800 mt or 88.53 percent, amounting to $770 million in value, up $59 million or 8.27 percent year on year.
China's CR coil export volume in April reached 33,500 mt, down 194,400 mt or 85.31 percent year on year, totaling $34 million, down $243 million or 87.61 percent compared with the same period last year. The average CR coil export price was $1,025.8/mt. Total January-April exports for this product reached 155,300 mt, down 581,000 mt or 78.9 percent, amounting to $143 million in value, down $740 million or 83.82 percent year on year.
CR coil imports in April stood at 437,800 mt, up 43,200 mt or 10.94 percent year on year, totaling $308 million in value, down $70 million or 18.56 percent compared with the same period last year. The average import price was $702.79/mt. Total January-April CR coil imports reached 1.1936 million mt, down 326,900 mt or 21.5 percent, amounting to a value of $902 million, down $484 million or 34.92 percent year on year.