According to the latest data released by the General Administration of Customs of China (GACC), from January to February this year, China's finished steel exports totaled 15.591 million tons, down 8.1 percent year on year.
In the first two months of this year, China's finished steel imports totaled 827,000 tons, down 21.7 percent from last year. year.
The introduction of an export licensing policy from January 2026 had a negative impact on exports in January-February. The impact of the export license policy on exports may weaken in March, while the war in the Middle East will have a negative impact on steel exports from China due to the impact on shipping and lower Iranian import demand
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