Tag: China Long Steel
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China’s Long Steel Export Plunges to Half in 2017
The year 2017 witnessed significant drop in China’s steel exports especially in case of long products. While country’s steel exports hit record of 112.4 MnT in 2015 amid slumped domestic demand, it dropped to 108.5 MnT in 2016 on account of government’s announced production cuts. However, in 2017 China’s total steel shipments fell sharply to…