According to customs statistics, in March 2023, China imported 682000 tons of steel, an increase of 52000 tons compared to the previous month, a decrease of 8.3%; The average price is 1660.7 US dollars per ton, a month on month decrease of 141.5 US dollars per ton, a decrease of 7.9%. From January to March, the cumulative import of steel reached 1.913 million tons, a year-on-year decrease of 1.303 million tons or 40.5%.



In March 2023, China imported 100.229 million tons of iron ore, an increase of 9.639 million tons or 10.6% compared to the previous month; The average price is 117.7 US dollars per ton, a month on month increase of 5.2 US dollars per ton, or 4.7%. From January to March, the cumulative import of iron ore was 294.335 million tons, a year-on-year increase of 26.253 million tons, or 9.8%.



In March 2023, China exported 7.89 million tons of steel, an increase of 1.73 million tons or 28.1% compared to the previous month; The average price is 1294.2 US dollars per ton, an increase of 186.0 US dollars per ton or 16.8% compared to the previous month. From January to March, the cumulative export of steel reached 20081 million tons, a year-on-year increase of 6.976 million tons, or 53.2%. (Source: China Iron and Steel Industry Association)