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08 Aug
04:33

China's steel trade dips deeper in July

Chinese steel imports and exports dipped deeper in July amid sluggish demand globally. However, exports did achieve positive growth on a year-on-year basis, according to data from the General Administration of Customs. In the reporting month, China exported 6.671 million tonnes of steel products, down 11.7% month-on-month but up 17.7% y-o-y. This took exports over January-July to 40.073mt, a decrease of 6.9% y-o-y, Kallanish learns. The average realised price in …
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