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Steel exports from China fell in June

China's steel exports reversed their year-on-year growth trend for 13 straight months, declining for the first time.

Steel exports from China fell in June

China exported about 7.5 million tons of metal products in June 2023, down 0.7% from the same period last year. China's steel exports reversed their year-on-year growth trend for 13 straight months, declining for the first time.

High inflation, ongoing geopolitical conflicts, volatile financial markets and trade barriers have all led to a slowdown in global production, weakening external demand.

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