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14 Jan
10:45

China’s steel exports rebound but imports slump

China's steel exports snapped a five-month decline and rebounded in December 2021, but imports fell due to sluggish steel demand. Full-year 2021 exports also increased after a weak 2020, and imports were down from their surge in late 2020, Kallanish notes. In December, China's steel exports rebounded by 15.02% from November to 5.026 million tonnes, which was also a 3.6% increase on-year. Steel mills resumed production after meeting their annual output redu…
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