According to the National Bureau of Statistics of China (NBS), in January-April this year, the production of HRC and CRC in China amounted to 70.49 million tons and 16.689 million tons, up 7.2% and 5.0% year on year, respectively.
In April alone, the production of HRC and CRC in China amounted to 17.598 million tons and 4.596 million tons, down 4.9% and up 8.8% year-on-year, while down 6.7% and 4.7% month-on-month, respectively.
HRC prices in China's domestic market rose in April as user demand improved during the traditional peak season and inventories built up ahead of the Labor Day holiday (May 1-5). According to SteelOrbis, HRC prices peaked in April at RMB 3,480/t ($509/t) on April 23, April 27, April 29-30, and the lowest level during the month was observed at RMB 3,370/t ($493/t) on April 2.
As previously reported by SteelOrbis, steel sheet/plate exports from China in January-April this year was 20.06 million tons, down 16.6% from last year, 0.3 percentage points faster than the rate of decline recorded in the first three months of this year, according to Chinese customs authorities.
In April alone, steel sheet/plate exports from China totaled 5.46 million tons, down 17.5% from last year year,
Steel sheets/sheets are the main target of anti-dumping investigations against Chinese steel products abroad, which has also had an impact
