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China’s Steel Exports Set to Hit Record Despite Rising Trade Barriers
China is on track to export between 115 and 120 million metric tons of steel in 2025, marking a 4% increase from last year. Analysts had initially expected exports to fall due to unprecedented global trade barriers. The surge reflects both domestic overcapacity China’s steel consumption peaked in 2020 amid the property market collapse and the urgency among steelmakers to move metal before additional restrictions take effect. To sustain exports, Chinese steelmakers are pivoting toward emerging markets with lower trade barriers, including the Middle East, Central Asia, and North Africa. Baosteel, China’s largest ... (full story)
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- Sep 16, 2025 4:14pm Posted byFundamental Analysis239
