According to the data compiled by China's customs, China's steel product exports totaled 4.19 million t in August, decreasing by 0.25 million t month over month while up 49.6% year over year. At the same time, China's overall steel product exports came to 32.94 million t in January-August of this year, up 6.5% year on year.
On the other hand, China also imported 1.35 million t of the steel products in August, increasing by 0.11 million t month over month and by 2.96% year over year. While in January-August of this year, China's overall steel product imports amounted to 10.62 million t, down 5% year over year.
Besides China also imported 80 thousand t of the billet in August and the overall billet imports amounted to 0.4 million t in January-August of this year, up 2.3% compared to the same period of last year and there were still no billet exports in August.
While China's coke exports came to 0.25 million t in August, rising by 70 thousand t month over month and the year-to-date coke exports stood at 2.87 million t, raising by 31% year over year.
In addition China also imported 59.09 million t of the iron ore in August, swelling by 4.54 million t month over month and by 32.5% year over year, meanwhile from January to August this year, China's overall iron ore imports totaled 447.57 million t, up 10.6% year over year.