With 11.2Mt, it matched the current monthly export record in September 2015. With 92Mt, the cumulated steel exports in 2024 (Jan-Oct) are only 1Mt below its current record of 2016. Interestingly, the acceleration of Chinese exports in October followed a 3-month period where exports of Chinese vehicles stagnated near record 600’000 units/month and the decision of Chinese authorities to deploy financial stimulus measures.
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