According to customs statistics, China's steel exports inOctober increased by 5.5 million tons, an increase of 520,000 tons, an increaseof 10.4%; a decrease of 450,000 tons from the previous month, a daily averagedecrease of 10.5%; imports of 1.138 million tons, an increase of 188,000 tons ,an increase of 19.8%, a decrease of 66,000 tons from the previous month, and adaily average decrease of 8.5%. From January to October, China's cumulativeexport of steel products was 58.413 million tons, a decrease of 6.005 milliontons, a decrease of 9.3%; the cumulative import of steel products was 11.103million tons, an increase of 142,000 tons, an increase of 1.3%.
In October, China imported 83.99 million tons of iron ore, anincrease of 8.909 million tons, an increase of 11.2%, a decrease of 5.072million tons from the previous month, a daily average decrease of 8.5%, and anaverage import customs price of 72.3 US dollars / ton, an increase of 1.8 fromlast month. USD/ton; cumulative import of iron ore from January to October was891.867 million tons, down by 4.416 million tons, down by 0.5%; the averageprice of imported customs was US$69.8/ton, down by US$2.3/ton compared with thesame period of last year.
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