China exported 60.45 million mt of steel sheet/plate during January–October 2025, marking a 3.5% year-on-year decline, according to Chinese customs data.
October exports reached 5.97 million mt, down 22.6% YoY and 6.7% MoM.
SteelOrbis data shows October HRC export prices:
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High: $480/mt FOB (Oct 1–13)
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Low: $473/mt FOB (Oct 17–27)
Market analysts expect that easing trade tensions between China and the US could support a recovery in exports during November and December, potentially lifting overall HRC export momentum.
VietnamSteel by Hoa Sen Group