Tag: China’s steel exports drop nearly 7% y-o-y in Jan-July’22
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China’s steel exports drop nearly 7%, y-o-y, in Jan-July’22
China’s steel exports fell 6.9% y-o-y to 40.073 million tonnes (mnt) in January-July, 2022, according to China’s General Administration of Customs. On monthly basis, exports fell 12% to 6.671 mnt in July as against 7.56 mnt in June. However, exports rose 17.7% y-o-y against 5.67 mnt in July 2021. Factors impacting exports 1. Falling global…