In August this year, China exported a total of 6.14 million tonnes of finished steel, up by 44.8% YoY, with the monthly export volume thus exceeding 6 million tonnes for the first time since October 2008, as announced by the Chinese customs authorities.

Meanwhile, China's finished steel import volume in August totaled 1.23 million tonnes, up by 2.5% YoY

In the January-August period of the current year, China exported 41.98 million tonnes of finished steel, up by 17.4 percent, while China imported 9.23 million tonnes of finished steel, down 0.9 percent, both on YoY basis.