China’s steel exports retained their upswing in the first two months of 2024. China’s Customs data, collated by BigMint, reveals, cumulative volumes over January-February rose a considerable 30% to nearly 16 million tonnes (mnt) against 12 mnt seen in the same two months last year. Volumes in February, however, fell m-o-m by 18% to 7.17 mnt against 8.74 mnt in January amid liquidity issues, focus on domestic material and lower global demand.
