Tag: China finished steel exports
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China: Finished steel exports decline by 14% during Jan-May’20
Chinese finished steel exports during the first five months of CY’20 (Jan-May’20) fell by 14% Y-o-Y to 25.002 MnT as compared to 29.05 MnT in Jan- May’19, as per recent data released by General Administration of China’s Customs (GAC). Fall in the nation’s export volumes was due to the following reasons: Improved domestic demand: Strong…