China Steel Exports drop further in 2019


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From annualised statistics based on the first 11 months 2019 it is evident, that China's 2019 export of steel will drop again, this time 6%, while China's crude steel output will hit yet another record. Read More…

China's 2018 steel net exports decline almost 10%

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China: New VAT Refund Upon Export Rates for Steel Products

China's Ministry of Finance adjusted VAT refund rates for export products upwards on September 5, 2018 (E&OE), valid from September 15, 2018

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China: New VAT Refund Upon Export Rates for *Steel-Related* Products

China's Ministry of Finance adjusted VAT refund rates for export products upwards on September 5, 2018 (E&OE), valid from September 15, 2018

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China's 30% decline in steel exports in 2017

Chinese steel exports fell from 108,434,262 mt (2016) to 75,692,273 mt (2017), down 30%
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Note: 2018 numbers are annualized, based on actual numbers January-April 2018 (source: National Statistics Bureau) Read More…

Quo vadis: China Steel Exports Q1-Q3 2017 by Destination

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Chinese steel exports during the first three quarters of 2017 were 59.613 million tons, down 25.5 million tons or 30% year on year.

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Analysis: China Steel Exports January-June 2017 down 28%

In the first half of 2017, China exported 41 million tons of steel, 16 million tons or 28.2% less than during the same period a year ago.

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China steel exports down 25% yoy in Q1 2017

China steel exports in Q1 2017 were 20.7 mio t, a decline of 25.5% compared to Q1 2016. The revenue from these exports, however, was US$ 13.2 billion, a marked increase of 8.2% over the same period 2016. Apart from the top 10 destinations, disproportionally large drops of China steel exports to India, Turkey, Saudi Arabia and Iran.
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2016: China Steel export quantity drops 3.5%, steel export revenue down 13%

China exported 108.4 million tons of steel in 2016, after 112.4 million tons in 2015. The top 10 export destinations represent almost 60% of these exports, up from 55% in 2015. While the quantity was reduced by 3.5%, China's total steel product export revenue declined 13.4% from US$ 62.8 billion (2015) to US$ 54.4 billion (2016). Read More…

Crunching the Numbers: China's Steel Exports Q1-Q3 2016

China's steel exports from January to September 2016 increased a moderate 2% yoy to 85.1 mio tons. Read More…

China steel exports up nearly 8% year-on-year over record exports 2015

China steel exports in Q1 2016 rose 7.9% year-on-year to 27.83 million tons, while in the same period imports of steel dropped 3.3% to 3.23 million tons.
Apparent domestic consumption in China, however, seems to continue its downtrend and might well drop as much as 10% in 2016. As steel output drops only less than half of that, export pressure does not only persist, it increases.
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