According to statistics from the General Administration of Customs of China (GACC), China’s stainless steel imports totaled 122,000 tons in April, falling by 1.1% compared to the previous month and by 48.9% from the year-ago level.

Among them, imports from Indonesia were 93,000 tons, a month-on-month increase of 2.5% and a year-on-year drop of 52.6%.

On the side of exports, China exported 376,000 tons of stainless steel in April, up by 7.7% month on month and down by 1.4% year on year.

Overall, China’s net exports of stainless steel reached 254,000 tons in April, 12.4% higher than the preceding month and 78.1% more than a year earlier.