China to have greater appetite for semi-finished steel in 2022

China is expected to import more steel billet and slab in 2022, at higher prices, given the progress being made on integrated mills merging with rerolling mills, market participants said.

The Chinese government has been encouraging the merging of re-rolling mills in Beijing, Tianjin, Hebei and surrounding areas with integrated mills as a means of reducing carbon emissions, according to...

Published

Jessica Zong

February 25, 2022

10:57 GMT

Shanghai