China’s stainless steel imports & exports decline last Dec
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Update time : 2023-02-03 20:33:39
According to data from China’s Customs, last December, China’s stainless steel imports amounted to around 237,000 tons, dropping by 18.79% month on month and decreasing by 12.42% year on year. Among them, the imports from Indonesia were nearly 190,000 tons, a month-on-month decrease of 18.19%.
Meanwhile, the exports totaled 391,000 tons, decreasing by 2.56% month on month and falling by 11.82% year on year.
Regarding nickel ore, China’s imports totaled about 2.76 million tons last December, decreasing by 33.86% month on month but increasing by 44.03% year on year. Among them, the imports from the Philippines slumped by 44.69% month on month but increased by 29% year on year to 1.98 million tons.
The Philippines is in the rainy season, and China’s imports from the Philippines were expected to keep declining from January to March.
Entering the Chinese New Year holiday, market trading is sluggish
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