China’s steel exports are showing a slowdown in their growth momentum. Data collated by BigMint reveals, exports over January-May, 2024 (5MCY’24) grew a slower 23% y-o-y compared to the 30% seen over January-February and 28% in Q1CY’24 (January-March). Over January-April, exports rose 25%.Volumes over January-May, 2024 were recorded at almost 45 million tonnes (mnt) against 37 mnt seen in the same five months in 2023.
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