Tag: China’s steel exports jump 25% y-o-y in CY’21
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China’s steel exports jump 25%, y-o-y, in 2021; will the momentum sustain in 2022?
Steel exports by the world’s top steel producer, China, increased by 24.64% year-on-year to 66. 9 million tonnes (mn t) in CY’21 compared to 53.67 mn t in CY’20, data from China’s General Administration of Customs shows. Steel exports jumped even as crude steel production in CY’21 is expected to drop by around 35 mn…