Chinese Steel Exports Decline 11.7% Y-o-Y during Jan-Apr’20

As per the data released by General Administration of China’s Customs (GAC), Chinese steel exports during the first 4 months of CY’20 (Jan-Apr’20) fell by 11.7% Y-o-Y to 20.6 MnT. Strong domestic demand and competitive offers from CIS, India lowered Chinese steel export volumes.