China cold-rolled coil export volumes, prices step back

Feb 26, 2013 | 09:41 AM |

Tags  Chinese exports, cold-rolled coil, export volumes, export prices, Chinese customs

SHANGHAI — Chinese cold-rolled coil export volumes declined sharply in January as some European buyers shunned higher prices.

Exports totaled 230,390 tonnes last month, down 33.6 percent from 346,831 tonnes in December, mainly due to a large drop in shipments to some European countries, but were still 11.4 percent higher than in January last year, according to Chinese customs figures.

Exports to Belgium totaled just 7,392 tonnes in January, down 89.5 percent from 70,370 tonnes the previous month, while shipments to Spain plunged 90.3 percent to 3,983 tonnes from 41,044 tonnes in the same comparison. ....

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