Tag: China’s steel exports hit over-7-yr high in Mar’24 as home demand fails to pick up
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China’s steel exports hit over-7-yr high in Mar’24 as home demand fails to pick up
Chinese steel exports have continued last year’s northward march well into 2024. Data maintained with BigMint reveals that March 2024 volumes hit an over-seven-year high of 9.89 million tonnes (mnt). The closest this figure comes to was recorded at 10.30 mnt in July 2016. On a m-o-m basis, March volumes were up a significant 39%…