IN FIGURES: China’s semi-finished steel imports surge in 2020

China’s billet imports increased by 541% in 2020 from a year earlier while those for slab rose at a higher rate of 668% last year, according to the country’s customs data.

The big increases for these semi-finished steel products - which are rerolled into finished steel products - came amid year-long steelmaking restrictions to improve air quality in the country’s production hub of Tangshan.

Last year,...

Published

Jessica Zong

March 08, 2021

03:40 GMT

Shanghai