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RPT-U.S. steelmakers, politicians denounce China steel price cuts

2015-08-13 00:20:36| Steel - Topix.net

Moves by Chinese steel exporters Wednesday to cut prices provoked cries of foul from the U.S. steel industry, and gave politicians skeptical of the pending Trans Pacific Partnership trade agreement new ammunition. Reuters reported Wednesday that Chinese steel producers were cutting export prices, riding the fall of the yuan currency after the central bank devaluation on Tuesday.

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