Chinese Steel Exports in Jan-Jun 2021 Surge by 30% YoY

• Friday, July 16, 2021
• Source:ferro-alloys.com

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[Ferro-Alloys.com]

 

Despite Chinese government’s resolve to curb steel export in order to cool down mills' production, Chinese steel export surged in June 2020 to 6.46 million tonnes up 22.5% MoM & up 75% YoY due to strong demand during the price rally in April to mid-May and competitive offers from China comparing to other origins.

 

China’s steel export amounted to 37.4 million tonnes in H1 of 2021, up 30.2% YoY, signalling that the total 2021 export volume is likely to exceed 65 million tonnes against 54 million tonnes in the 2020.

 

source：SteelGuru Business News

 

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• [Editor:李慧]