Summary:
[unable to retrieve full-text content]China became a net steel importer in June for the first time since the last global recession in 2009, with exports from India, Japan, South Korea and Vietnam set for short term gains as demand overshoots supply in the rapidly recovering economy.China, the world’s biggest steel producer, imported 4.4 million metric tonnes of finished and semi-finished steel products last month and exported a total of 3.7 million metric tonnes, according to data from China General Administration of Customs. It…
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[unable to retrieve full-text content][unable to retrieve full-text content]China became a net steel importer in June for the first time since the last global recession in 2009, with exports from India, Japan, South Korea and Vietnam set for short term gains as demand overshoots supply in the rapidly recovering economy.China, the world’s biggest steel producer, imported 4.4 million metric tonnes of finished and semi-finished steel products last month and exported a total of 3.7 million metric tonnes, according to data from China General Administration of Customs. It…
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Tyler Durden writes Daily Briefing – August 4, 2020
China became a net steel importer in June for the first time since the last global recession in 2009, with exports from India, Japan, South Korea and Vietnam set for short term gains as demand overshoots supply in the rapidly recovering economy.China, the world’s biggest steel producer, imported 4.4 million metric tonnes of finished and semi-finished steel products last month and exported a total of 3.7 million metric tonnes, according to data from China General Administration of Customs. It…