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COVID-19 to have a heavy impact of China steel exports
Mar 24,2020 15:24CST
smm insight
Source:SMM
Up to 6 million mt per month of China’s exports of steel in the form of steel containing manufactured goods are expected to take a hit if the COVID-19 pandemic outbreak suspends business activity outside China, SMM estimates. China’s indirect steel exports averaged 5.93 million mt per month in 2012-2017, accounting for 6.12% of the country’s monthly steel products production, according to data from the World Steel Association (Worldsteel).
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