Steel exports turnaround

In February, the steel industry for new export orders index was 52.3%, the more sharply rebounded 7.1% last month. Return to expand export index range, relations with foreign demand and domestic steel prices are low, the overall export turnaround, also with the domestic sales pressure, manufacturer actively explore overseas markets have a certain relationship. Due to the continuous depreciation at the same time, more conducive to steel exports, exports are expected to continue to maintain rapid growth in March.

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