Steel exports from China to ASEAN-6

Total finished steel exports from China to ASEAN-6 during 2018 decreased slightly by 1% compared to the same period last year in the first eleven months of 2018. Exports of long products declined 12% year-on-year, while exports of flat products from China to ASEAN-6 increased marginally by 3% year-on-year. the same period.

China's wire rod exports to ASEAN fell moderately, down 6.5% YoY to 2.62 million tonnes. The volume accounted for about half of China's total wire rod exports from January to November 2018. Thailand and the Philippines were the largest ASEAN-6 destinations for wire rod exports from China in the first eleven months of 2018. Exports to Thailand amounted to 698,769 tons. , a moderate decline of 5% yoy. Exports to the Philippines totaled 696,609 tons, an increase of 7% yoy. Exports to Vietnam and Indonesia amounted to over 400,000 tons each. Exports to Malaysia recorded the lowest volume in the region at 173,044 tons, down 5.5% from last year.

ASEAN-6 China's hot rolled sheet exports declined 8.6% YoY to 1.56 million tonnes from January to November 2018, accounting for a third of China's total hot rolled sheet exports in the same period. The export volume of hot rolled steel sheet in the world in Vietnam, the world's largest, was 869,927 tons, down 9% from last year. Exports to the Philippines continued to climb 13% yoy to 334,312 tons, followed by exports to Malaysia at 125,287 tons, down 6.5% from last year. In the first eleven months of 2018, Chinese exports of hot rolled sheets to Indonesia, Singapore and Thailand were less than 100,000 tonnes each.

China exported significant volumes of hot rolled steel to ASEAN, 40% of the country's total hot rolled steel exports during the first eleven months of 2018. Exports of hot rolled steel from China to ASEAN-6 declined moderately, down 8.3% yoy to 4.08 million tonnes over the period. Vietnam was the main export destination with nearly 3 million tonnes, down 8.9% from last year. Exports to Indonesia amounted to 453,423 tons, and the volume slightly decreased by 3.8% y /y, followed by exports to the Philippines by 252,121 tons, down 4.3% y /y. Exports to Malaysia amounted to 201,608 tons, an increase by 8.4% over the same period last year, while exports to Thailand decreased by 29.5% over the same period last year to 166,204 tons. Exports to Singapore were not significant - 15,717 tons.

Exports of cold rolled coil products from China to ASEAN-6 increased by 11.9% YoY to 1.3 million tonnes from January to November 2018. The largest destination in ASEAN-6 was Vietnam, over