Chinese crude steel production rose 12% from 40.4 million metric tonnes in February to 45.1 million tonnes in March.
As a result of a 17% increase in finished steel imports to 1.27 million tonnes and a 7% increase in finished steel exports to 1.67 million tonnes, net finished steel exports declined to 0.4 million tonnes.
Finished steel production increased 11% from 38.1 million tonnes in February to 42.2 million tonnes in March.