Tag: China: Steel imports fall 6% y-o-y in May’21
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China: Steel imports fall 6% y-o-y in May ’21
According to recent data released by General Administration of Customs, China’s steel imports registered a decline of 6% y-o-y to 1.2 mn t in May ’21. However, in the Jan-May ’21 period steel imports stood at 6 mn t, up 11% y-o-y. China’s government seeks to facilitate imports of semi-finished steel to feed domestic demand…