The General Administration of China Customs has announced that China exported 16.17 million tonnes of steel products in the first four months of 2008, down by 23.9% year-on-year while imports fell by 2.2% year-on-year to 5.68 million tonnes.
China exported 4.78 million tonnes steel products in April 2008 down by 33.2% YoY while imports stood at 1.5 million tonnes down by 7.9% YoY.
Imports of steel billet in the first four months of 2008 fell by 32% YoY to 70,000 tones as April imports totalled 20,000 tonnes. Exports of steel billets in the same period decreased by 96.2% to 100,000 tonnes with 10,000 tonnes exported in April.
Source: Steel Guru
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