Tag: May’16
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China’s Steel Exports Rise by 3.7% M-o-M in May’16
World’s largest steel manufacturer, China’s, steel exports rose once again by 3.7%, M-o-M basis in May’16 and is recorded at 9.42 MnT in May’16 against 9.07 MnT in Apr’16. This has raised a serious concern regarding country’s efforts to cut its excess steel production capacity which was promised by the country’s government in the start…