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01 May
13:58

Weak Chinese demand, elevated global prices encourage exports

China may hike steel exports amid weaker local demand this year, while the resumption of coking coal imports coupled with rising domestic supply will put pressure on prices, concluded Kallanish Asia Steel Markets Conference participants last week. Consultant Ian Roper of Kallanish Consulting Services predicted that Chinese steel exports could expand, a view shared by Collin Chen, head of wire rod exports at China's Yonggang Group. Chen said that Chi…
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