2015-02-08

China Is Puking Steel

Steel sheet blues: US steelmakers find prices unseasonably out of tune
Cliffs Natural Resources Cries Foul Over Steel Imports
Cheap imports drag Tata Steel earnings down 69 percent


The highlighted portion shows China's steel export growth in January: 52% increase in volume and 22% increase in total value.

If you're wondering what grew 113%, it's fertilizer.

Source: 2015年1月我国外贸进出口同比下降 量减价跌是主要因素

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