China's steel exports in September dropped 21% from the previous month to 5.14 million mt, the lowest level since February 2014, data released Friday by the General Administration of Customs showed.
The figure was a 42% plunge year on year, as soaring Chinese domestic steel prices discouraged overseas sales.
Imports at 1.24 million mt was the second highest level this year, and reversed a trend in July and August where imports dipped below the million ton mark.
