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China steel imports and exports increase from January to February in 2021

According to Customs Statistics Express data, from January to February 2021, China imported 2.395 million tons of steel, an increase of 355,000 tons or 17.4% year-on-year; the average import price was US$1095.6/ton, an increase of US$77.8/ton or 7.6% year-on-year.

From January to February, China imported 181.506 million tons of iron ore, a year-on-year increase of 4.811 million tons, an increase of 2.8%; the average import price was US$144.5/ton, a year-on-year increase of US$52.2/ton, an increase of 56.6%.

From January to February 2021, China exported 10.140 million tons of steel, an increase of 2.334 million tons, an increase of 29.9%; the average export price was US$872.4/ton, an increase of US$90.9/ton, an increase of 11.6%.
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