Author: Lalita
-
China’s billet imports increase 28% in Jan-Apr’21 on high domestic prices
China, the world’s largest steel producer, registered billet imports of 2.72 million tonnes (mn t) in the first four months of CY’21 (Jan-Apr’21), higher by 28% year-on-year compared to 2.13 mn t in Jan-Apr’20, the data maintained with SteelMint shows. Firm demand for imported billets for the past few months amidst higher Chinese domestic prices…