According to Chinese customs authorities, exports of sheet steel from China in January-July this year amounted to 38.26 million tons, which is 9.9% less than last year, which is 1.3 percentage points less than the decrease recorded in the first six months of this year.
In July alone, China's exports of sheet steel totaled 6.02 million tons, which is 1.8% less than last year and 1.15% less than in the previous month.
Demand for steel sheets, which are mainly consumed in the automotive, household appliance and machinery industries, declined due to the weakening of the global production cycle and increased trade restrictions, resulting in a 9.9% year-on-year decline in China's steel sheet exports in the first quarter. Seven months.
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