China’s steel exports to slump in Q2, risking domestic oversupply
May 4th
Analysts and traders warn that China’s steel exports are expected to fall by up to 20% in the second quarter (Q2), compared to Q1. The decline is being driven by escalating trade tensions, with export markets shrinking due to U.S. tariffs and protective measures in key destinations. The resultant increase in domestic inventories could depress pricing and hurt steelmakers’ margins.
