Steel exports from China will drop to 50 million tons in 2018

China's steel exports may fall to 50 million tons next year, while the previous forecast was at 60-80 million tons. Exports will drop to 50-60 million tons in 2018.

That being said, China's steel exports fell to 108.5 million tonnes in 2016, with an export volume of 82 million tonnes in the first five months of this year.