China’s steel exports remained elevated in August despite softer overseas demand, with shipments reaching 10.155 mnt, up 6.8% y-o-y. January-August exports stood at 75.149 mnt, down 3% from 77.5 mnt a year earlier, although the cumulative decline continued to narrow. The regional mix shows a widening divergence with South Asia, CIS and Asia-Pacific recording double-digit growth, while East Asia and the Middle East and Africa posted declines.
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