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China June aluminium, steel exports rise as trade row intensifies

Reuters  |  BEIJING 

By Tom Daly and Muyu XuBEIJING (Reuters) - China's aluminium exports exceeded half a million tonnes for only the second time ever in June while steel exports hit an 11-month high, as strong international prices and a weak yuan meant shipments continued to defy U.S. tariffs. China is the world's top producer of steel and aluminium, which have been subject to 25 percent and 10 percent import tariffs, respectively, in the United States, since March 23. Its ability to keep exports of both metals buoyant even amid these tariffs is likely to frustrate Washington, which imposed the duties to ...

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First Published: Fri, July 13 2018. 12:06 IST
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