MANILA/BEIJING — Chinese steelmakers are seeking new export destinations in Africa and South America as shipments to their biggest overseas buyers in Southeast Asia fall by double digits, with new U.S. trade actions threatening to kill off some markets entirely.China, the world’s largest maker, consumer and exporter of steel, is finding it has fewer export options.
Comment on Out of Asia: China steel exporters chase new buyers in Africa, South America
By Manolo Serapio Jr and Muyu Xu, Reuters, The Gazette (Cedar Rapids)
Wed, 06/06/2018 - 5:53pm
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