China’s stainless steel imports totalled 3.05 million mt from January to November, while exports were 4.16 million mt.
China’s stainless steel imports stood at 291,600 mt in November, down 6.22% MoM and up 22.6% YoY.
The imports totalled 3.05 million mt from January to November, a year-on-year increase of 14.72%.
In November, China imported 232,000 mt of stainless steel from Indonesia, a month-on-month decrease of 40,000 mt, or 14.71%, and a year-on-year increase of 45,700 mt, or 24.53%.
Imports from Indonesia amounted to 2.57 million mt in the first 11 months of the year, up 27.06% YoY.
In November, China’s stainless steel exports stood at 400,800 mt, a month-on-month increase of 105,000 mt or 35.50%, and a year-on-year increase of 6,800 mt or 1.71%.
The exports totalled 4.16 million mt from January to November, a year-on-year increase of 3.55%.
In November, China’s stainless steel net export volume was 109,200 mt, a year-on-year decrease of 47,000 mt, or 30.09%.
The net export totalled 1.11 million mt from January to November, a year-on-year drop of 18.25%.
