Tag: SteelMint Morning Brief

  • Why are China’s steel exports slowing down?

    Why are China’s steel exports slowing down?

    China’s Customs data shows cumulative steel exports in the first seven months of CY’21 was at 43.051 million tonnes (mnt), up 30.9% y-o-y. During this period, the cumulative imports of steel were at 8.397 mn t, down 15.6% y-o-y. In Jul’21, the average import price for steel was $1,348.9/tonne (t), up 4.84% m-o-m, up 103.48%…