According to data released by the General Administration of Customs, in terms of steel exports, in March 2023, China exported 7.89 million tons of steel, a year-on-year increase of 59.6%; From January to March, China exported 20081 thousand tons of steel, a year-on-year increase of 53.2%. In terms of steel imports, in March, China imported 682000 tons of steel, a year-on-year decrease of 32.5%; From January to March, China imported 1.913 million tons of steel, a year-on-year decrease of 40.5% (see Figure 1 for details)..