China becomes a net steel exporter, but only just

Newswire

BEIJING, Jan 23 (Reuters) - China, the world's top steel maker, became a small net exporter in 2005 for the first time as mills produced a little more steel than the country could use, Customs data showed on Monday. The data showed China exported 27.59 million tonnes of semi-finished steel and steel products last year, while imports reached 27.13 million tonnes, making China a net exporter with 460,000 tonnes. Rapid expansion by Chinese steel mills and growing exports have threatened ...

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