China's steel exports near 10 million tons in November

According to statistics from the General Administration of Customs of China, China’s steel exports reached 9.98 million tons in November, a 2.0% increase from the previous month. The cumulative exports from January to November amounted to about 107.7 million tons, up by 6.7% year on year. In terms of raw materials, imports of iron ore and concentrate totaled 110.54 million tons in November. In the first eleven months of this year, iron ore imports reached 1.139 billion tons, a 1.4% hike over the same period last year. Meanwhile, steel imports had a decline, dropping by 1.4% month on month to 496,000 tons, bringing the January-November volume to 5.54 million tons, falling by 10.5% year on year.