- China imported 2.07 mnt of steel in Jan-Apr’25, a drop of 14% compared to 2.41 mnt in the year-ago period, according to data from the General Administration of Customs.
- Amid rising anti-dumping cases and US-China trade tensions, Chinese sellers prioritised exports, which, along with weak domestic demand, limited imports.
- However, imports inched up by 4% m-o-m to 0.52 mnt in Apr’25 as against 0.50 mnt in Mar.
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