Tag: SteelMint Morning Brief
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Will China’s indirect steel exports slow down in H2 2021?
With China’s overall exports almost flat m-o-m in Jul’21, indirect steel exports will also be impacted. Steel-intensive mechanical engineering products, including automobiles, consumer durables and machinery, have a lion’s share in China’s overall exports. China’s total imports and exports in Jul’21 have shown a m-o-m decrease of 0.5% to $508.74 billion. Exports alone, in which…