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China imported steel materials increased 1.7% month on month in November

In November 2019, China imported 1042000 tons of steel materials, an increase of 17000 tons on a month on month basis, an increase of 1.7%; a year-on-year decrease of 15000 tons, a decrease of 1.4%.

In November, the steel materials import volume was US $1.16 billion, an increase of US $20 million on a month on month basis, an increase of 1.8%; a year-on-year decrease of US $180 million, a decrease of 13.4%.

According to the calculation, in November, the average price of China's steel materials imports was US $1111.13/ton, an increase of US $1.86/ton on a month on month basis, an increase of 0.2%; a year-on-year decrease of US $152.82/ton, a decrease of 12.1%.

From January to November, China imported 10.821 million tons of steel materials, a year-on-year decrease of 11.0%; the cumulative import value was 12.686 billion US dollars, a year-on-year decrease of 16.6%. According to this calculation, the average price of China's steel materials imports in the first 11 months was US $1172.4/ton.