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How have markets been impacted? And can this practice continue through 2024?
China’s full year trade data confirmed the significant increase in net steel exports which has pressured markets in the rest of the world. The shifting trade balance is fundamentally the product of China’s weaker economy last year. Domestic demand and production determine net export volumes. However, exports have also been supported by the evasion of full VAT payments. This has resulted in an additional price impact on global markets.
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous