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13 Oct
07:04

Chinese steel exports dip in September

Chinese steel exports continued to fall in September, as domestic prices increased making exports less competitive. With the Chinese yuan weakening against the US dollar, and Chinese domestic demand still weak, 2016 as a whole is still set for strong export volumes, Kallanish notes. China exported 8.8 million tonnes of steel in September, down -21.78% year-on-year and -2.33% month-on-month, according to Chinese customs statistics. That works out at just over an …
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