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China Q1 steel exports fall 16% on year

China’s steel exports fell by 16% on year to 14.3 million tonnes over the first quarter of this year – less sharply than the 27% slump seen in January-February – as export volumes rose in March with mills’ efforts to place their products abroad when the domestic steel market was at a standstill.
In March, China’s steel exports climbed to 6.5 million tonnes, reversing up by 149,000 tonnes or 2.4% on year, according to the latest release of China’s General Administration of Customs (GACC) on April 14. A month-on-month comparison is unavailable as GACC did not release detailed data for February, as Mysteel

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