China's Hot-Rolled Coil Market Sees Record High Exports and Lowest Imports in 2023
In 2023, China's domestic demand for hot-rolled coil (HRC) fell short, with a supply increase of over 11% compared to the previous year. Despite the market's high level of supply-demand imbalance, HRC exports hit a decade-high, while imports marked their lowest point in nearly ten years.
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