China’s finished steel export volumes rose by 23% m-o-m to 6.458 mn t in Jun ’21 as against 5.27 mn t in May, as per customs data. Meanwhile, steel exports witnessed a sharp increase of 75% on year to 6.458 mn t in Jun ’21 in comparison with 3.70 mn t in the same period last year.
Chinese mills upped their export volumes due to the early reopening of the economy when other exporting nations were under lockdowns due to COVID-19.
Leave a Reply