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09 Jun
13:42

China's steel exports hit one-year high in May

China's finished steel exports hit a one-year high in May, while imports remained at the lowest level in nearly three years. According to China's customs data, China's steel exports in May reached 7.76 million tonnes, up by 55.9% on-month and 47.2% on-year. Total exports of steel products in January-May however declined to 25.92mt, Kallanish notes. Imports in May lost 22.87% from April and were down 33.4% on-year, which led total imports to an 18.…
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