According to data from the China Iron and Steel Association (CISA) citing the Customs Service, China’s steel exports grew by 6.6% year-on-year in the first ten months of 2025, reaching 97.74 million tons.
In October alone, Chinese steel producers exported 9.78 million tons, marking a 6.5% decline from September. The average export price stood at $684.4 per ton, up 0.8% month-on-month.
On the import side, steel imports into China totaled 5.04 million tons during January–October, a drop of 11.9% year-on-year. In October, imports reached 503,000 tons, down 8.2% from the previous month, with an average import price of $1,590 per ton — 1.9% lower than in September.
Meanwhile, iron ore imports rose slightly by 0.7% year-on-year to 1.03 billion tons in the first ten months of 2025. However, October imports declined 4.3% month-on-month to 111.31 million tons, with an average price of $100.6 per ton, up 3.7% from September.
