China NISCO’s Q1 steel exports surge 147% on year
Apr 24, 2020 17:00
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Steel exports of Nanjing Nangang Iron & Steel United Co (NISCO), a major Chinese steel producer in Nanjing city in East China’s Jiangsu province, surged 147% on year to 211,944 tonnes in the first quarter of this year, an official with NISCO’s international trading company has confirmed.
As of April 15, NISCO had received overseas orders of 495,100 tonnes for delivery before June, surpassing the amount of the whole of 2019 and achieving almost half of the company’s goal to export a total of 1 million tonnes of steel products this year, according to the official.