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China CRC exports down in January but likely to bounce later

February 23, 2012 - 01:00 GMT Location: Shanghai

KEYWORDS: China , steel , cold rolled coil , crc , export , January

China’s exports of cold rolled coil are likely to increase in February or March, with mills reporting more orders since Chinese New Year.

Inbound shipments fell for a second month in January, dropping 17% on the month to 205,558 tonnes, according to customs figures. The import volume was still 47.8% higher year-on-year. “CRC export volumes will probably not fall any further in February, and there may be a small...

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