- China imported 39,135 t of steel billets in Apr’25, down by 67% against 119,177 t in Mar, according to data from the General Administration of Customs.
- The drop is attributed to rising macroeconomic uncertainties, ongoing geopolitical tensions, and weaker demand for steel.
- Cumulative import volumes (Jan-Apr’25) plunged 65% y-o-y to 245,975 t compared to 704,620 t in the same period last year.
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