China’s HRC exports rise for 2nd month in July on competitive prices

China’s flat steel exports rose year on year in July due to their competitive prices and a low statistical base for the corresponding month of last year, market participants said.

The country exported 4.69 million tonnes of flat steel products last month, down by nearly 3% from 4.83 million tonnes in June but up by 8% from 4.34 million tonnes...