According to the Chinese customs authorities, for the period from January to August of this year, imports and exports of stainless steel in China amounted to 1.012 million tons and 2.8955 million tons, which is 0.56% and 13.93% less year-on-year, respectively.
In August alone, stainless steel imports and exports to China totaled 140,900 tons and 445,700 tons, respectively, up 21.07% and 13.87% from the previous month, with an increase of 20.29% and a decrease of 0.49% year-on-year, respectively.
In the first eight months, the net export volume of stainless steel from China amounted to 1.8835 million tons, which is 19.73% less than last year.
In August alone, China's net exports of stainless steel to China amounted to 304,800 tons, which is 7.83% less compared to the same period last year.
In August of this year, imports of stainless steel scrap to China amounted to 14,100 tons, which is 8.6% less than in the previous month, while an increase of 50.48% year-on-year. In the period from January to August of this year, imports of stainless steel scrap to China amounted to 130,900 tons, which is 84.86% more than last year.
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