China’s finished steel exports fall 8% in 2018

China’s finished steel exports dropped in 2018 amid stronger competition from suppliers in other parts of the world and the United States’ Section 232 import tariff.

A total of 69.34 million tonnes of Chinese finished steel were exported last year, down 8.1% from 75.43 million tonnes in 2017, according to preliminary Chinese customs data released on Monday January 14. In December, China exported 5.56 million tonnes of finished steel, down 1.9% from 5.67 million tonnes a year earlier. But December’s exports are 4.9% higher than the...


Jessica Zong

January 14, 2019

05:35 GMT