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China’s imports of finished steel products fell to a 30-year low

In 2022, China’s imports of finished steel products will decline by 25.9% compared to 2021, reaching 10.57 million tons, the lowest level since 1993. He Wenbo, CEO of China Iron and Steel Association (CISA), said.

Steel imports to China declined due to a significant increase in the cost of products on the back of rising inflation and the energy crisis.

In 2022, the destinations for shipments of finished steel products to China were Japan, South Korea and Indonesia, with a volume of 7.92 million tonnes accounting for 75% of the total imports.

In addition, in 2022, China imported 6.38 million tonnes of semi-finished steel products, down 53.5% year on year.

The most considerable decline was observed in the billet steel sector, where the volume of deliveries decreased by 80% year-on-year due to Coronavirus restrictions in the first half of 2022, in addition to higher prices.


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لوريم ايبسوم هو نموذج افتراضي يوضع في التصاميم لتعرض على العميل ليتصور طريقه وضع النصوص بالتصاميم سواء كانت تصاميم مطبوعه لوريم ايبسوم ليتصور طريقه لوريم ايبسوم.

About AISU

Arab Iron and Steel Union was established in Algeria in 1972 as the first Arab Union of the Arab countries to be founded under the Council of Economic Unity umbrella in the League of Arab States.

It is the first Arab organization to specialize in the iron and steel field, and its tasks fall within making plans aimed mainly at developing and growing the iron and steel industry in the Arab world.

Arab Iron and Steel Union comprises a wide range of multi-activity companies related to the iron and steel industry from the Arab countries.


92 Members

28 Board of Directors

17 Country

300.000 Employees

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