Tag: China steel exports
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China’s Steel Exports Rise by 16% M-o-M in June 16
World’s largest steel manufacturer, China’s steel exports have risen once again by 16% M-o-M basis in Jun’16 and is recorded at 10.94 MnT during the month against 9.42 MnT in May ’16. During Mar-Apr’16, there was sudden plunge in country’s domestic steel prices amid bullish sentiments resulting which export prices also increased significantly. Meanwhile, overseas…