China's steel exports up 6.3% year-on-year in Q1

Between January and March 2025, China's exports of steel products increased by 6.3% compared to the same period in 2024, reaching 27.43 million tons. As a result, steel shipments in the first quarter rose to the highest level since 2016. This was reported by Reuters with reference to customs data.

In March, steel exports by Chinese steelmakers rose 5.8 percent to 10.46 million tons compared with March last year, amid concerns about rising global trade tensions after U.S. President Donald Trump's inauguration in January.

China's steel imports fell 11.3% year-on-year to 1.55 million tons between January and March, and 18.8% year-on-year to 501,000 tons in March. Compared with the previous quarter, China's steel product exports fell 9.1% and imports were down 4.9%.

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Qianben Steel (Hebei) Co., Ltd. is located in the core base of China's iron and steel industry--Tangshan City, Hebei Province, which is a modernized iron and steel industry integrating steel production, processing and trading.

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