China's stainless steel imports & exports fall in Jun
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Update time : 2023-07-27 16:24:03
According to statistics from the Stainless Steel Council of China Special Steel Enterprises Association, China’s stainless steel imports totaled around 118,000 tons in June, falling by 16.7% compared to the previous month and by 56.5% from the year-ago level. Among them, imports from Indonesia had a month-on-month decrease of 20.5% and a year-on-year drop of 58.8% to 91,000 tons.
In terms of exports, China exported around 343,000 tons of stainless steel in June, down by 2.5% month on month and by 30% year on year.
In the first half of this year, China's stainless steel imports amounted to 842,000 tons, falling by 50% year on year. Imports from Indonesia plunged by 54.7% to 643,000 tons during the period.
Meanwhile, exports were around 2 million tons, a year-on-year decrease of 15.8%.
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