Tag: Chinese billet imports

China, the world’s largest steel producer, recorded billet imports of 0.95 million tonnes (mn t) in Aug’21, up by 7% m-o-m as compared to 0.89 mn t in Jul’21, as per customs data collated by SteelMint. Steel production curbs for the past few months amidst a hike in rebar futures and higher Chinese domestic prices…