Steel exports from top producer China fall as trade friction rises
China's earlier aggressive exports increased competition from India to Europe and the US, spurring complaints
Mon, Nov 09, 2015 - 5:50 AM
China's mills, accounting for half of global production, exported huge volumes of steel this year.
THE flood of steel that mills in China are pushing onto global markets eased from a record in October amid rising trade frictions and weak overseas demand, signalling that what's been a safety valve for the world's top producer may now be starting to close.