China exported 7.56 million tonnes of steel products in March, down 24.2% year on year but up 31.5% from the previous month, showed the latest data from the General Administration of Customs (GAC).
The year-on-year decline was mainly owing to weakening price edge of China's steel products in the international market and increasing anti-dumping investigation from other countries.
Total steel products exports amounted to 20.73 million tonnes over January-March, decreasing 25% from the year-ago level.
China imported 1.3 million tonnes of steel products in March, climbing 2.4% from the preceding year. From January to March, total steel products imports reached 3.48 million tonnes, gaining 11.3% year on year.
(Writing by Zoey Yan Editing by Jessie Jia)
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