China’s steel exports hit seven-month high in May at 10.58 million tons
May 18th
China’s steel exports surged to 10.58 million metric tons in May, marking the third consecutive month above the 10 million ton threshold and a seven-month high. This reflects a 9.9% year-on-year increase. Meanwhile, steel imports tumbled 24.5% YoY to just 481,000 tons.