Tag: ASEAN countries steel demand
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Will Chinese Mills Increase Steel Exports to SE Asian Nations ?
The global steel trade is very competitive. In May’18, China exported 6.883 MnT of steel, down 1.4% Y-o-Y. From January to May, China exported 28.493 MnT of steel, down 16.3% Y-o-Y. While the volume of China’s steel exports slip, it has continued to explore the Southeast Asian market with huge consumption potential, hoping to offset…