Tag: China domestic billet price

China: Steel billet imports fall nearly 50% y-o-y in Jan-Sep’22

Oct 27, 2022

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by

Vaibhav Dubey

in Billet

China’s billet import volumes fell by 48.21% to 4.20 mnt on the year in Jan-Sep’22 as against 8.11 mnt in the year-ago period. Preference for domestic billets, weak end-user demand and subdued finished steel sentiments continued to weigh on imports. However, import volumes rose sharply m-o-m by 57% to 561,430 t in Sep’22 as against…