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WEEKLY: China’s steel exports slack on poor demand

ABSTRACT

Chinese steel exports have stayed slack recently partly due to the low demand from major buying countries and the difficulties in chartering vessels for the shipments, industry insiders shared on Monday.
“September shouldhave been start of a busy restocking season, but so far we have not detected the signs yet, and we have received very few inquiries,”a steel exporter from East China’s Shandong province stated. Her company mainly sells color-coated sheets to CIS countries including Russia. An adverse factor in the cool

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