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Data from the General Administration of Customs shows that in July 2024, China exported 7.827 million tons of steel, a decrease of 918,000 tons from the previous month, down 10.5% month-on-month. From January to July, the cumulative steel exports totaled 61.227 million tons, an increase of 21.8% year-on-year.
In July 2024, China exported 413,100 tons of seamless pipes, a month-on-month decrease of 20.34% and a year-on-year decrease of 7.91%. From January to July, the cumulative exports of seamless pipes totaled 3.0967 million tons, up 3.31% year-on-year.
Seasonal Variation in Seamless Pipe Exports (Unit: 10,000 tons)
In July 2024, China imported 505,000 tons of steel, a decrease of 70,000 tons from the previous month, down 12.2% month-on-month. From January to July, the cumulative steel imports totaled 4.122 million tons, down 6.7% year-on-year.
In June 2024, China imported 10,300 tons of seamless pipes, an increase of 32.05% month-on-month and 4.04% year-on-year.
From January to July, the cumulative imports of seamless pipes totaled 68,000 tons, up 29.28% year-on-year.
Seasonal Variation in Seamless Pipe Imports (Unit: 10,000 tons)
In June 2024, China's net export of seamless pipes was 402,800 tons, down 8.18% year-on-year.
From January to July, the cumulative net export of seamless pipes totaled 3.0287 million tons, up 2.85% year-on-year.
Seasonal Variation in Net Exports of Seamless Pipes (Unit: 10,000 tons)
