China continued its exports onslaught into the new calendar of 2025 despite several governments across the globe adopting protectionist stances. Steel exports in the first three months of the current calendar (January-march, 2025) totalled 27.4 million tonnes (mnt), a 6% increase over 25.8 mnt recorded in the same three months in 2024, as per China Customs data, compiled by BigMint. Rising trade barriers and sustained capacity down-sizing may eventually see China’s steel exports falling back.
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