- China imported 206,840 t of steel billets in Q1CY’25, marking a significant y-o-y drop of 68% compared to 637,652 t in Q1CY’24, according to data with BigMint.
- Oman emerged as the major exporter to China, supplying around 100,000 t followed by Japan (60,000 t).
- However, imports in Mar’25 saw a notable recovery, rising by 64% m-o-m to 119,177 t, up from 72,778 t in Feb.
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