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08 Sep
05:56

Chinese steel exports continue to fall in August

China exported just 6.52 million tonnes of steel products in August, a reduction of 27.6% year-on-year, according to customs data released on Friday. It is the fourth month in a row that Chinese steel exports have remained under 7mt. Import volumes grew again but more slowly than in the first half of 2017, Kallanish notes. Over January to August China’s total steel exports fell by -28.5% y-o-y to just 54.47mt. Surging domestic steel prices in Aug…
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