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China’s Stainless Steel Imports and Exports Increased in August 2023

2023-10-13
Recently, General Administration of Customs (GAC) released statistics of China’s stainless steel imports and exports in August.

In August 2023, China’s stainless steel imports were about 174,600 tons, increasing by 37,800 tons or 27.6% compared with the previous month and decreasing by 135,300 tons or 43.6% year on year. 

In January-August 2023, China’s stainless steel imports totaled about 1.1543 million tons, a year-on-year decrease of 1.019 million tons or 46.9%.

In August 2023, China’s stainless steel exports were about 366,300 tons, increasing by 6,500 tons or 1.8% month on month and increasing by 19,600 tons or 5.7% year on year. In January-August 2023, China’s stainless steel exports totaled about 2.765 million tons, decreasing by 418,000 tons or 13.1% year on year.


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