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Price undercutting from record Chinese steel exports may trigger trade conflict
Published Wed, Nov 12, 2014 · 09:50 PM
Shanghai
RECORD steel exports from China are undercutting foreign rivals on price, triggering complaints from Seoul to South Africa that may signal the start of a trade conflict.
China produces about half the world's steel, and exports are on pace to exceed 80 million tonnes this year - the most ever - according to the China Iron & Steel Association.
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