Tag: Factors that may keep China’s steel imports subdued in H2

China’s cumulative steel imports in the first seven months (Jan-Jul’21) of CY’21 dropped 15.6% y-o-y to 8.40 million tonnes (mn t), as per Customs data. During this same period, the cumulative steel exports were at 43.051mnt, up 31% y-o-y. The cumulative imports of steel billets in this period were at 6.79 mn t, down 16.7%…