China's Metal Exports Surge Stirring Global Markets ...Middle East

Via Metal Miner   Chinese mills are churning out steel, aluminum and even refined copper at near-record levels and sending the surplus abroad, a trend steel industry analysts say could pressure industrial metal prices in the United States. After a year of lagging domestic demand, China’s exports of construction and manufacturing metals have surged, flooding global markets with cheap supply. U.S. manufacturers and procurement teams are watching closely. Chinese Steel Exports Hit Multi-Year Highs China exported 110.7 million tons of steel…

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