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08 Mar
07:18

China’s steel exports slump on strong domestic market

China’s steel exports fell further in February from January as mills continued to prefer selling into the domestic market. The latest price surge in recent days means the decline is likely to continue in March but exports could still end the year up from 2015, Kallanish notes. China exported 8.11 million tonnes of finished steel in February, down from 9.74mt in January but up 3.97% year-on-year, according to official Customs statistics. Over Janu…
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