China increases flat steel exports in March, but long steel shipments fall

April 29, 2020 / www.metalbulletin.com / Article Link

Chinese flat steel accounted for 63% of the 6.48 million tonnes of steel exported in March, with countries on short-sea routes the major buyers due to short delivery times and competitive prices.

China's major steel  exports
Flat steel: 4.09 million tonnes, up by 8.5% year on year
Steel bar: 1.01 million tonnes, down 16.7%
Angles and sections: 400,000 tonnes, up 36.1%
Steel wire rod: 180,000 tonnes, up 4.7%

Flat steel prices were low enough to attract buyers, especially those regions close to China, such as Vietnam and South Korea. 
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