Category: Rebar

  • China: Steel imports fall by 12% m-o-m in Jul’24

    China: Steel imports fall by 12% m-o-m in Jul’24

    China’s steel imports fell by 12% m-o-m to 510,000 t in Jul’24 as against 580,000 t in Jun, according to General Administration of Customs data. Weak domestic market sentiments aggravated by heavy rains and heatwaves weighed on steel imports. Cumulative import volumes (Jan-Jul’24) dipped 7% y-o-y to 4.12 mnt compared to 4.42 mnt in the…