China Steel Exports drop further in 2019
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: 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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Read More…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%
Note: 2018 numbers are annualized, based on actual numbers January-April 2018 (source: National Statistics Bureau) Read More…
Note: 2018 numbers are annualized, based on actual numbers January-April 2018 (source: National Statistics Bureau) Read More…
China steel exports down 25% yoy in Q1 2017
16 05 17 11:09 Filed in: Steel | China | Korea | Vietnam | EU | Philippines | Thailand | Indonesia | Pakistan | Singapore | Nafta
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…
