Tag: China’s steel exports shift towards emerging markets

China’s finished steel exports declined 8% year-on-year (y-o-y) to 44.6 million tonnes (mnt) during January-May 2026, according to China Customs data. The decline reflects softer overseas demand, mounting trade restrictions and a gradual moderation from the exceptionally strong export performance recorded in 2025. However, exports rebounded to 10.3 mnt in May from 9.5 mnt in…