Finished Import Market Share YTD at 24%.

From January to April, the output of crude steel, pig iron and steel in China was 336.15 million tons, 280.3 million tons and 426.82 million tons respectively.

In the week ending on May 7, 2022, domestic raw steel production was 1,777,000 net tons while the capability utilization rate was 81.4 percent.

The Indian government said on Tuesday that the country's coal production increased 29 percent year-on-year to 66.58 Million Ton (MT) in April amid a power shortage due to lesser stocks of coal available at thermal power plants.

"The previously pent-up steel consumption will not disappear. It will only be delayed," Shi said.

Vietnam spent around 4 billion U.S. dollars importing more than 3.8 million tons of steel and iron in the first four months of this year.

Mongolia exported a total of 3.8 million tons of coal in the first four months of this year, down 48 percent year on year, Mongolian Customs General Administration said on Monday.

Qinghai crude steel output in Jan-Mar up 15.1%.