China’s steel bar exports increase by 11.5% in H1 of 2024

In the January-June period this year, China’s exports of steel bars totaled 6.11 million mt, up 11.5% year on year, while wire rod exports amounted to 1.32 million mt, up 12.3% year on year, according to the Chinese customs authorities. At the same time, China’s export volumes of angles/channels came to 2.72 million mt in the given period, up 13.2% year on year. In June alone, China’s exports of steel bars amounted to 1.04 million mt, up 12.5% year on year, while exports of wire rod and angles / channels amounted to 230,000 mt and 430,000 mt, up 14.4% and up 6.5% year on year, respectively.