Tag: China billet import

  • China: Steel billets imports fall 31%, y-o-y, in CY21

    China: Steel billets imports fall 31%, y-o-y, in CY21

    China, the world’s largest steel producer, witnessed a fall in billets imports in CY’21. The volumes stood at 11.97 million tonnes (mn t) in the period under review, a 31% y-o-y fall as against 17.35 mn t in CY’20, as per customs data maintained by SteelMint. China’s billets imports rose in CY’20 on strong demand…