China's steel pipe exports fell slightly in October on a year-on-year basis

In October 2022, China exported 5.184 million tons of steel, an increase of 200000 tons over the previous month, or 4.0% month on month; From January to October, the cumulative export of steel products was 56.358 million tons, down 1.8% year on year. The export volume of steel pipes continued to grow compared with last month.

According to the latest statistics of the customs, the export volume of China's seamless steel pipes in October was 440400 tons, down 22.11% month on month and up 49.69% year on year; From January to October, the accumulated export of seamless pipes was 3.9237 million tons, with a year-on-year growth of 56.48%. In October, China's net exports of seamless steel pipes were 432400 tons, down 22.84% month on month and up 51.35% year on year; From January to October, China's net export of seamless steel pipes was 3.8246 million tons, with a year-on-year growth of 59.31%.

In October 2022, China exported 323600 tons of welded pipe, a decrease of 6.62% month on month, and the proportion of domestic welded pipe production decreased to 5.88%; 8900 tons of imported welded pipe, down 11.985% month on month, reaching a new low; The net export of welded pipe was 314700 tons, down 6.46% from the previous month. From January to October, the net export volume was 3.0558 million tons, with a year-on-year growth of 5.12%, which is still above the average level of nearly three years.