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Steel Mint

China's Steel Exports Rise in First 8 Months of CY21

13, Sep 2021
China's steel export increased 32% in the first eight months of CY21 (Jan-Aug'21) to 48.10 million tonnes (mn t) compared to the same period last year. The country's steel exports increased by 32% in Jan'21, 27% in Feb'21, 16% in Mar'21, 26% in Apr'21, 20% in May'21, 75% in Jun'21, 36% in Jul'21, and 37% in Aug'21 when compared to the same months last year (CY20). It is to be noted that in CY20, China's steel exports had decreased 16% to 54 mn t from 64 mn t in CY19.