Tag: China billet import

China’s billets imports fell by 58% y-o-y to 4.65 mnt in Jan-Nov’22 as against 11.05 mnt in the same period last year. Preference for domestic billets, weak end-user demand, subdued finished steel sentiments, and lockdown restrictions in the region continued to weigh on imports. Import volumes fell sharply by 91% m-o-m to 38,090 t in…