The average imported steel price of China in the first three quarters rose 25.8% year on year

According to the statistics of China Iron and Steel Industry Association, in the first three quarters, China's cumulative steel output was 781 million tons, down 3.4% year on year; The pig iron output was 656 million tons, down 2.5% year on year; The steel output was 1.006 billion tons, down 2.2% year on year. The international environment is complex and severe, and the import and export of iron and steel decreased year on year.

According to the data released by the General Administration of Customs, the country exported 51.21 million tons of steel in the first three quarters, down 3.4% year on year; 8.34 million tons of imported steel, down 22.1% year on year; 823 million tons of imported iron ore, down 2.3% year on year. Although the quantity of steel imports and exports decreased, the prices increased. In the first three quarters, the average export price of China's steel was 1472 US dollars/ton, up 32.2% year on year; The average import price was US $1590/ton, up 25.8% year on year.