Chinese Steel Exports in May Recorded High, 8.07 Million Tons

Chinese steel exports in May was 8.07 million tons, they recorded high. They reached around 100 million tons level on an annually adjusted basis. Steel exports increased by 49.2% from the previous year, and it was the increase for the straight 6 months. They exceeded 7.68 million tons recorded in August 2008, before banking crisis.