MYSTEEL: China's billet exports stay strong: what's next?

China's billet exports have remained resilient since the beginning of 2025, showing minimal impact from tariffs and anti-dumping measures and continuing on a steady growth trajectory (Fig.1). This article examines the key factors behind the sustained rise in China's billet exports and assesses short-term demand dynamics.

China's Billet Exports Are Primarily Directed Toward Indonesia In 2024, China's billet exports to Indonesia accounted for 22.46% of China's total billet exports, making Indonesia the largest recipient of Chinese billet exports. Together, Indonesia, Taiwan (China), Turkey, Italy, and the Philippines represented 69.18% of the total exports. Meanwhile, in the