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China spews steel everywhere

June 10, 2025 - 12:00 -- Admin

The ferrous complex is nothing flash, that’s for sure. But tariffs are yet to show much in its steel exports. These are absorbing an extra 100mt of iron ore from the COVID lows. Iron ore imports are lacklustre but not collapsing. I expect more downside ahead as construction continues to shrink, but unless Beijing acts

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