Chinese steel exports dipped 20% month-on-month to 9Mt in October compared with 11.25Mt in September, according to China Customs.

During the first 10 months of 2015, China exported 92.13Mt, up 24.7% when compared with the same period last year.

Steel’s export value in renminbi declined 6.6% year-on-year between January and October 2015.

During October, China imported 75.52Mt of iron ore and between January and October the figure was 774.51Mt, down 0.5%.

Source: China Metals