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China’s January exports of stainless flat products down to 22-month low

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According to statistics released by the China’s customs, China exported 79,070 tons of stainless flat products in January, decreasing from 94,510 tons in last December, touching 22-month low.

It’s analyzed that fewer working days due to Chinese New Year holidays in January disrupted the country’s exports of stainless flat products.

Among them, the exports of stainless flat products to Taiwan totaled 13,225 tons in January, decreasing by 27.4%; that to South Korea was at 18,204 tons, falling by 13.7%, both compared to that in a month earlier.

Meanwhile, China’s imports of stainless flat products amounted to 44,374 tons in January, declining by 13.6% from a month ago.
News Date 23 Feb 2012 09:40:58 reported by Nann Cheng

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