Steel exports decline in Jan-Oct 2026

China's steel exports totalled 9.85 mln tons in October, down 6.1pct from September but up 0.7pct YoY, according to the latest data from the General Administration of Customs.

Cumulative steel exports declined by 2.3pct YoY to 95.49 mln tons during January-October, compared with 97.74 mln tons in the same period of 2025.

Meanwhile, China's iron ore imports fell by 5.1pct YoY to 105.66 mln tons in October and were down 3.8pct from September. Iron ore imports increased by 3.1pct YoY to 1.06 bln tons during January-October.