Tag: China pellet imports
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China: Pellets imports drop 50% in CY’21 on steel production curbs
China’s pellets imports witnessed a sharp decline of 50% y-o-y during CY’21 to 22.52 million tonnes (mnt) as against 45.04 mnt in the same period last year. Pellets shipments into China declined y-o-y on the considerably higher base of 2020 as well as the bleak steel production scenario in China that unfolded since the beginning…