Product inventory remained same as previous quarter at 1.107 million tonnes.

In Mid-April, the social inventories of 5 varieties of steel products in 20 cities were 17.17 million tons, down by 860 thousand tons (4.8%) from last ten days, according the latest data of CISA.

Beijing Customs said Thursday that its imports and exports in the first quarter of this year totaled 625.42 billion yuan (about $88.34 billion), down 6.2 percent from the same period last year.

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