| Rolled steel exports ebbed in the first four months of this
year, reflecting China's efforts to cut exports of the smokestack industries and
the increasing anti-dumping actions against Chinese products abroad.
The General Administration of Customs said on Tuesday
that between January and April, China exported 16.17 million tons of rolled
steel, down 23.9 percent year-on-year. The exports were valued at 14.36 billion
U.S. dollars, up 4.1 percent year-on-year.
In April, exports were 4.78 million tons, valued at
nearly 4.44billion U.S. dollars.
State-owned enterprises accounted for 56.5 percent of
rolled steel exports during the first four months.
Sales to the Republic of Korea, members of the
Association of Southeast Asian Nations and the United States accounted for 68.6
percent of exports.
However, exports to the United States and European
Union dropped 46.4 percent and 27.3 percent, respectively.
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