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Chinese steel import surpasses export in April

Published: 14 May 2009 01:59:17 PST

May 14 MetalBiz--Chinese steel export in April dropped slightly by 9% compared with last month, but it slid considerably by about 70% in comparison with the same period of 2008.

Meanwhile, China imported steel about 1.62mln tons in April, increased 39.7% from March, up 21.8% over last April.

China's steel import surpassed export by 210,000 tons in April, and become the net steel importer.


Source: MetalBiz

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