Summary of Key Points Core Viewpoint - In October 2025, China's steel exports decreased while imports showed a decline, with iron ore imports experiencing a slight increase year-on-year. The overall trend indicates a mixed performance in the steel industry, with exports up year-to-date but a drop in the latest month. Steel Exports - In October 2025, China exported 978.2 million tons of steel, a decrease of 68.3 million tons or 6.5% month-on-month. The average price was $684.4 per ton, an increase of $5.3 per ton or 0.8% [1] - From January to October 2025, cumulative steel exports reached 9,773.7 million tons, an increase of 602.4 million tons or 6.6% year-on-year [1][5] Steel Imports - In October 2025, China imported 50.3 million tons of steel, a decrease of 4.5 million tons or 8.2% month-on-month. The average price was $1,593.0 per ton, a decrease of $31.1 per ton or 1.9% [1] - From January to October 2025, cumulative steel imports totaled 504.1 million tons, a decrease of 68.0 million tons or 11.9% year-on-year [1][3] Iron Ore Imports - In October 2025, China imported 11,130.9 million tons of iron ore, a decrease of 501.7 million tons or 4.3% month-on-month. The average price was $100.6 per ton, an increase of $3.6 per ton or 3.7% [1] - From January to October 2025, cumulative iron ore imports reached 102,888.6 million tons, an increase of 695.0 million tons or 0.7% year-on-year [1][3]
中国钢铁工业协会：10月我国出口钢材978万吨 环比下降6.5%