Tag: China finished steel exports
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China steel exports fall to record lows as imports gain
China’s steel exports fell by 30.3% m-o-m to 3.7 mn t in June, an 8-year low, on the back of robust domestic demand and noncompetitive export prices. Cumulative export of steel was down by 16.5% y-o-y during Jan-Jun at 28.7 mn t, according to customs data. In June, China’s steel imports doubled to 1.88 mn…