China's finished steel exports rebound in September

Oct 13, 2010 | 11:54 AM |

China's finished steel exports rebounded in September from a six-month low as overseas buyers returned to the market when Chinese prices bottomed out.

However, the rebound is weak and is unlikely to strengthen this month, market sources said.

China exported 3.01 million tonnes of finished steel in September, up 7.5 percent from the previous month and 21.9 percent higher than a year earlier, according to preliminary Chinese Customs data, but still far below July's 4.55 million tonnes.....

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