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12 Oct
10:28

E-commerce to dominate Chinese exports: Posri

China’s burgeoning e-commerce companies already account for over 100 million tonnes/year annual of domestic steel trade. Over time they will become the main sales channel for 100m t/y of Chinese steel exports, according to a report by the Posco Research Institute (Posri). The expansion of e-commerce in Korea and Southeast Asia will not be as fast as in China but is already beginning, Kallanish notes. Two Chinese platforms now have overseas offices, Zhaogan…
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