China's 2023 steel exports are forecast to have hit a seven-year high of more than 90 million metric tons, the China Iron and Steel Association (CISA) said in a report on Wednesday. The world's top steel maker exported 67.32 million tons in 2022. Rising exports come against weak demand at home reflecting a struggling property sector and competitive pricing helped by a weak yuan for most of the year. China's steel product exports stood at 82.66 million tons in the first 11 months, up 35.6 per cent from the same period a year earlier, customs data showed. But growing exports could lead to more trade fraction, the CISA ... (full story)