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07 Sep
12:14

China’s August steel exports drop, imports steady

The Chinese government's discouragement of any but high-end steel product exports continued to hit national exports in August, while imports remained steady, Kallanish notes from data released by China’s General Administration of Customs. Monthly finished steel exports fell 10.9% month-on-month to 5.05 million tonnes. However, this was still 37.3% higher than the corresponding month last year. Export volumes over January-August were boosted to 48.1mt, up…
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