The General Administration of Customs released China's export data in April, of which 42CrMo4 steel pipe and so on steel exported 7.973 million tons, up 26.2% year on year; From January to April, China exported 25.654 million tons of 42CrMo4 steel pipe and so on steel, a year-on-year increase of 24.5%.

With the soaring domestic prices in March and April, the export data rose, exceeding 7 million tons in both March and April. If the amount of cancelled export tax rebate accounts for about 75% of the total exports in the first quarter, nearly 6 million tons of exported steel will flow back to China.

In the past six days, when the export tax rebate has just been implemented and the effect has not yet been fully demonstrated, the total inventory of five major varieties was 22.6937 million tons on May 6, an increase of 0.03 million tons on a month on month basis, of which the inventory of building materials decreased by 349000 tons, a decrease of 2.2%; Steel plate inventory increased by 349300 tons, an increase of 5.1%. On the 9th of last month, the total inventory decreased by 3.56 million tons, and the return of 6 million tons decreased by 3.56 million tons.