Tag: weak currency
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China’s steel imports fall over 25% in CY’23 on slack demand, weak currency
Falling offers discourage exporting countries EU focuses on imports amid rising domestic prices Imports to remain low if China demand rebound eludes Morning Brief: Steel imports into China, the highest consumer of this commodity globally, fell 28% y-o-y in calendar 2023 (CY’23), reveals data maintained with BigMint. Total import volumes dropped to under 8 million…