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07 Sep
08:34

China’s August steel cross-border trade trends reverse

In August this year, China’s steel exports rebounded from the prior month while imports fell, reversing their respective trends in the previous two months. On a year-on-year basis, year-to-date exports were still higher but imports weakened, according to data from the General Administration of Customs. Monthly exports of Chinese finished steel totalled 8.28 million tonnes, which rebounded 13.3% over July and 34.6% y-o-y, Kallanish notes. This came rather clo…
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