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MNI BRIEF: China Steel Export Growth Slows In June

MNI (BEIJING)
MNI (Beijing)
EM TradePolicy NewsAPACChinaEM Policy NewsEM Policy StoryEM BriefBriefStoryRegion

China’s steel exports slowed slightly in June to 8.745 million tonnes, reducing year-to-date growth to 24.0% in H1, from 24.7% in May, according to customs data on Friday.

Steel exports are expected to slow further in H2 amidst anti-China dumping probes and discouragement from the central government, local analysts recently told MNI (see: MNI: China H2 Steel Outlook Subdued). China’s year-to-date copper ore and concentrate imports quickened to 3.7% growth in June, versus 2.7% in May, while in-bound iron ore shipments slowed to 6.2%, from May’s 7.0%.

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China’s steel exports slowed slightly in June to 8.745 million tonnes, reducing year-to-date growth to 24.0% in H1, from 24.7% in May, according to customs data on Friday.

Steel exports are expected to slow further in H2 amidst anti-China dumping probes and discouragement from the central government, local analysts recently told MNI (see: MNI: China H2 Steel Outlook Subdued). China’s year-to-date copper ore and concentrate imports quickened to 3.7% growth in June, versus 2.7% in May, while in-bound iron ore shipments slowed to 6.2%, from May’s 7.0%.

Keep reading...Show less