[Ferro-Alloys.com]According to General Administration of Customs, China exported 5.271 million tonnes of finished steel in May 2021, down 33.9% MoM from 7.973 million tonnes in April 2021, as domestic demand was good and export sales in the March-April period for shipment in May were reduced by the expected cancelation of the export tax rebates. But steel exports from China in May 2021 were up 19.8% YoY. In the January-May period 2021, China exported 30.924 million tonnes of finished steel, increasing by 23.7% YoY. China's May steel imports fell by 5.8% YoY to 1.21 million tonne in May 2021 but rose by 2.7% from April.Finished steel imports in January-May 2021 increased by 11.6% YoY to 6.1 million tonnes. The volume does not include semi-finished steel imports.