Are we having problems with exports? In August, exports reached 500,000 tons and net exports reached a record high!

Stainless steel exports are 48.8 MILLION tons and net exports are 38.84 MILLION tons - a new record! According to customs data, China's stainless steel imports stood at 995,000 tons in August 2024, a cyclical decrease of 16.81% and 43.00% in the same year. Cumulative imports of 132.7 MILLION tons in the period from 1 to August, 14.96% more than last year! Stainless steel exports are 48.8 MILLION tons and net exports are 38.84 MILLION tons - a new record! According to customs data, China's stainless steel imports stood at 995,000 tons in August 2024, a cyclical decrease of 16.81% and 43.00% in the same year. Cumulative imports of 132.7 MILLION tons in the period from 1 to August, 14.96% more than last year!

China's stainless steel exports totaled 48.8 million tons in August, up 18.85% from 33.25% year-on-year, with cumulative exports reaching 32,629,000 tons between August 1 and 18.01%. compared to the same period last year.

Net exports of stainless steel in August amounted to 38.84 MMT, and the ring ratio increased by 33.53% and increased by 102.77% in the same year; Cumulative net exports during the January to August period of 193.59 MMT increased by 20.20% compared to net exports during the same period last year.

Since May, China's stainless steel export volume has been bright, with 400,000 tons exported each time. The analysis states that Yong Wang stopped production in June and resumed production at the end of August, and demand for orders in some overseas regions has shifted to China; The European Central Bank and countries are cutting interest rates, rebuilding economies abroad and gradually restoring foreign trade; At the same time, as shipping fees at sea are higher in the pre-term period, centralized exports of goods after falling in August, European and American trading companies fear that factors such as geo-conflict will again increase shipping costs, and spare goods will be stocked up ahead of traditional consumer season... Many reasons are pushing stainless steel export data to record heights.