It is reported that China's export of finished steel products surged to 7.68 million tonnes in August, setting a fresh all time high after hitting 7.21 million tonnes in Jul up by 6.5% MoM.

Reliable industry source told Mysteel that China also imported some 1.33 million tonnes of finished steel products and 37 million tonnes of iron ore in the same month.

All figures above are still subject to official confirmation by the China customs, which usually releases monthly trade results around 10th of each month.

information from www.steelguru.com