Tag: Chinese steel exports rise 30% in Jan-Feb’24. Inventories may sustain volumes in near term

Feb volumes drop 18% m-o-m on lower demand Supply glut, weaker currency support exports Stocks pile up ahead of Lunar New Year holidays Morning Brief: China’s steel exports retained their upswing in the first two months of 2024. China’s Customs data, collated by BigMint, reveals, cumulative volumes over January-February rose a considerable 30% to nearly…