China steel exports down 25% yoy in Q1 2017

China steel exports in Q1 2017 were 20.7 mio t, a decline of 25.5% compared to Q1 2016. The revenue from these exports, however, was US$ 13.2 billion, a marked increase of 8.2% over the same period 2016. Apart from the top 10 destinations, disproportionally large drops of China steel exports to India, Turkey, Saudi Arabia and Iran.
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