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04 Dec
00:00

Kallanish analysis: MPI forecast means more Chinese exports in 2015

Recent forecasts for China’s steel industry in 2015 by the Metallurgical Industry Planning and Research Institute (MPI) may suggest another increase in export volumes next year, Kallanish notes. Kallanish’s assessment of the MPI figures suggest at least 5 million tonnes more exports next year. However, exports are beginning to top out and the massive surge seen in 2014 is not likely to be repeated. After adjusting for yield loss in rolling and pr…
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