Tag: China billet import

China’s steel imports in Q1CY’22 fell by 13.48% y-o-y to 3.21 mnt from 3.71 mnt in the same period last year, as per customs data. Preference for domestic steel, a sudden surge in COVID-19 cases across large parts of the country and weakened end-user demand impacted the country’s import bookings. However, import volumes remained largely…