Tag: China billet import

China’s billets import volumes fell by 26% m-o-m to 417,554 t in Oct’22 as against 561,429 t in September. Preference for domestic billets, weak end-user demand, subdued finished steel sentiments and the country’s shifting to the exports market continued to weigh on imports. Import volumes fell y-o-y by 50% to 4.62 mnt in Jan-Oct’22 as…