07
Jun
10:38
China’s steel exports, imports diverge in May
Exports of Chinese finished steel rebounded again in May after April’s slip. Meanwhile, imports declined, according to monthly data from the General Administration of Customs.
May exports rose 4.4% over April to 9.63 million tonnes, with the average deal price falling 2.2% to $761/tonne, Kallanish notes. This implies that Chinese exporters were still trying to export aggressively even if high volumes have faced pushback, including antidumping investigations,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous