FOCUS: China’s steel exports expected to rise in 2021
By IM Staff
Published: Wednesday, 27 January 2021
China’s steel market participants expect that the country will export more steel in 2021 than in 2020 with the recovery of demand worldwide, Fastmarkets heard on Tuesday January 26.
By Miranda Song
While the country’s steel exports fell by 16.5%
year-on-year in 2020 to 53.67 million tonnes, market
participants believed that performance would improve this year,
based on the recovery of global business activity from the
effects of the Covid-19 pandemic.JPMorgan, a financial services
provider based in the United...