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On the import side, the January steel output was 1.354 million tons, unchanged from the previous month, which represented a year-on-year increase of 22.5%. The import value was 1.68 billion US dollars, an increase of 25.6% year-on-year; the unit price of imports increased year-on-year.
In January, China imported 86.83 million tons of iron ore and its concentrate, which was a year-on-year increase of 32.48%. The average import price was 799.83 yuan per ton.
In January this year, China’s steel exports increased by 6.77 million tons.
January 2014, China's steel exports significant value to 6.77 million tons, an increase of 37.6%; exports of $ 5.61 billion, an increase of 32.3%; but the export price fell 3.9% year on year.