Tag: China billet imports

China, the world’s largest steel producer, registered billet imports of 0.88 million tonnes (mn t) in Jul’21, down by 25% m-o-m as compared to 1.17 mn t in Jun’21, data maintained with SteelMint shows. Steel production cuts and quarantine delays for the past few months amidst declining futures resulted in decrease in imports, SteelMint understands.…