Tag: steel billet import drop

China imported 259,962 t of steel billets in Jan-May’25, a drop of 65.8% compared to 760,700 t in the year-ago period, as per General Administration of Customs data. Preference for exports amid weak domestic demand weighed on interest for imports. Moreover, imports registered a sharp decline of 64.2% m-o-m to 13,987 t in May’25 as…