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Russia, Ukraine adding to steel export flood

Armed with weaker currencies, they join China in pushing out surplus output globally

HARDCORE: China has an advantage over Russia in Asia given its proximity and a number of free trade deals that limit regional trade barriers.


STEELMAKERS from Asia to Europe are facing increasing pressure from a rise in cheap imports as Russia and Ukraine, armed with weaker currencies, join China in pushing surplus output on to world markets.

The flood of low-priced material and weak demand will keep a lid on...

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