China's steel exports decline 6% in October

Nov 12, 2012 | 01:34 PM | None

Tags  chinese steel exports, Chinese customs, steel prices, steel exports

SHANGHAI — China’s steel exports fell again in October on fewer bookings after a quick and strong price rebound in September.

Exports totaled 4.84 million tonnes, down 6 percent from 5.15 million tonnes in September, according to preliminary Chinese customs data.

"Chinese steel products became less attractive after the strong price rise in September, which led to lower export volumes in October," one trader in Shanghai told AMM sister publication Steel First.....

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