SteelMint

Tag: China billet import

  • China: Steel imports fall by 5%, m-o-m, in April

    China: Steel imports fall by 5%, m-o-m, in April

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    by

    Vaibhav Dubey
    in

    China’s steel imports in Apr’22 fell marginally by 4.95% m-o-m to 0.96 mnt from 1.01 mnt in Mar, as per customs data. Preference for domestic steel, a sudden surge in COVID-19 cases across large parts of the country and weak end-user demand impacted imports. Import volumes fell by 15% to 4.17 mnt in Jan-Apr’22 as…