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Home Steel News China's imports, exports to be restricted in short term
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China's imports, exports to be restricted in short term

15 Jan 2024 17:23 reported by Lena Yang

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In December 2023, Chinese steel exports experienced a slight month-on-month decline but still showed a significant year-on-year increase.

Currently, China maintains a competitive advantage in steel export prices, and the overseas steel market supply continues to recover year on year.

With the global manufacturing index falling back, external demand faces increased pressure. The later export orders of Chinese steel companies are still restricted, and China's future steel imports will remain at a low level as current China's manufacturing industry continues to fall within the contraction range.

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