China is considering levies to slow exports of steel, hoping to curb domestic prices
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Update time : 2021-07-27 18:22:41
Chinese authorities pondering the imposition of measures to limit exports, thus keep more steel for domestic use.
And thus hopefully tame surging prices in their own market.
Are there capacity constraints on producing more steel in the country? Perhaps environmental concerns? If not I know where they can get a good deal on raw material (iron ore, wink)
