China’s August billet exports rise further on weak domestic demand

China’s export of billet maintained a month-on-month and year-on-year uptrend in August, with sources citing insufficient mill orders in the domestic market.

China exported 153,570 tonnes of billet (Harmonized System code 72071100) in August, up by 25% from 122,761 tonnes in July, and by 479% from 26,537 tonnes in August 2022, according...