According to Chinese customs authorities, China’s exports of steel bars reached 0.91 million tons last October, an increase of 40.9% year-on-year, while they increased by 2.25% month-on-month, while its exports of wire rod and angles/channels reached 180,000 tons and 420,000 tons. tons, up 23.5% and 33.4% year-on-year, respectively, despite wire rod exports declining by 18.18% and angles/channels remaining stable month-on-month.

From January to October this year, China’s total exports of steel bars, wire rod and angles/channels reached 9.16 million tons, 2.01 million tons and 4.1 million tons, increasing by 49.9%, 25.3% and 37.6% year on year  respectively.