Core Insights - In August 2025, China's steel exports reached 9.51 million tons, a month-on-month decrease of 3.3%, while the average export price remained stable at $698.0 per ton [1][2] - Cumulatively, from January to August 2025, steel exports totaled 77.49 million tons, reflecting a year-on-year increase of 9.8%, but the average export price dropped by 10.1% to $699.1 per ton [1][2] - Steel imports in August 2025 amounted to 500,000 tons, marking a month-on-month increase of 10.4%, with the average import price at $1,653.0 per ton, down 8.4% from the previous month [1][2] - From January to August 2025, total steel imports were 3.977 million tons, a year-on-year decline of 14.1%, while the average import price increased by 1.5% to $1,697.7 per ton [1][2] Steel Export Situation - In August 2025, the export volume of primary products (including steel billets, pig iron, direct reduced iron, and recycled steel) was 1.768 million tons, up 11.9% month-on-month, with an average export price of $436.8 per ton [1][4] - Cumulatively, from January to August 2025, primary product exports reached 9.258 million tons, a significant year-on-year increase of over 2.7 times, although the average export price fell by 14.0% to $447.5 per ton [1][4] - The net export of crude steel for the first eight months of 2025 was 84.90 million tons, an increase of 1.57 million tons or 22.7% year-on-year [1][4] Regional Export Analysis - Exports to ASEAN (ASEAN-10) and African Union (AU-55) countries remained stable, while exports to Gulf Cooperation Council (GCC-6) countries and the European Union (EU-27) saw slight declines [5][11] - Among the top five steel export categories, three experienced month-on-month declines, with medium plates becoming the largest hot-rolled product exported in August [5][10] - The export volume to Southeast Asia and Middle Eastern countries showed mixed trends, with significant declines in exports to major Latin American countries [5][14] Steel Import Situation - In August 2025, the total steel import volume was 500,000 tons, with a month-on-month increase of 10.4%, while the average import price decreased by 8.4% [1][15] - The import structure remained stable, with most major countries showing a month-on-month increase in steel imports [21][22] - The top five imported steel products accounted for a larger share of total imports compared to the previous month [15][19] Price Trends - The average export price of steel in August 2025 was $698.0 per ton, reflecting a slight decrease of 0.6% month-on-month and a year-on-year decline of 7.6% [2][8] - The average import price for steel was $1,653.0 per ton, down 8.4% from the previous month, while the average price for primary products was $1,197.5 per ton, up 27.3% month-on-month [1][17] Future Outlook - The steel export volume remains high, with fluctuations expected in the short term, particularly in emerging markets in Southeast Asia, the Middle East, and Latin America [22] - New regulations regarding corporate income tax for export declarations are anticipated to positively impact the order and structure of steel exports starting October 1, 2025 [22]
中钢协：8月我国出口钢材951.0万吨 环比下降3.3%
智通财经网·2025-09-29 08:48