News
News
Current Location : Home > News > Industry News > List of Imports&Exports of Stainless Steel and Raw Materials in October
List of Imports&Exports of Stainless Steel and Raw Materials in October
Time:2020-11-27 Source:Wuxi Hongwang Hits:245

Stainless steel imports increased by 17%, exports increased by 8%

In October 2020, domestic stainless steel imports were about 207,100 tons, an increase of 16.9% month-on-month; an increase of 136.34% year-on-year; exports were about 284,500 tons, an increase of 7.96% month-on-month; a year-on-year decrease of 9.61%.


From January to October 2020, the cumulative volume of domestic stainless steel imports was approximately 1.345 million tons, an increase of 38.28% year-on-year; the cumulative volume of exports was approximately 2.689 million tons, a year-on-year decrease of 11%.


stainless steel coil


The return of Philippine nickel mines drops 16%

In October 2020, the domestic import of nickel ore was about 5.098 million tons, a decrease of 17.9% month-on-month and a year-on-year decrease of 25.6%. Among them: the import of nickel ore from the Philippines was about 4.592 million tons, a decrease of 16.3% month-on-month; an increase of 36% year-on-year. The import volume of nickel ore from Indonesia was about 110,000 tons, a decrease of 62.8% month-on-month and a year-on-year decrease of 96.5%.


From January to October 2020, domestic imports of nickel ore totaled approximately 32.354 million tons, a year-on-year decrease of 29.4%. Among them: the total amount of nickel ore imported from the Philippines was about 26.527 million tons, an increase of 1.8% year-on-year; the total amount of nickel ore imported from Indonesia was about 3.149 million tons, a year-on-year decrease of 82.5%.


Stainless Steel


Indonesia's ferronickel return home drops 26%

In October 2020, domestic imports of ferronickel were about 259,500 tons, a decrease of 23.9% from the previous month; an increase of 53.7% from the same period last year. Among them, the amount of ferronickel imported from Indonesia was about 189,000 tons, a decrease of 26.5% month-on-month and an increase of 51% year-on-year.


From January to October 2020, the cumulative domestic imports of ferronickel was about 2.718 million tons, an increase of 83% year-on-year; of which: the cumulative amount of ferronickel imported from Indonesia was about 2.159 million tons, an increase of 107% year-on-year.


The trend of stainless steel coil price


Wuxi Hongwang provides customers with high-quality stainless steel products. For more information about stainless steel import and export, please continue to pay attention to Hongwang website.


Tag: stainless steel imports, stainless steel exports

x