Chinese steelmaker Baosteel, part of China Baowu Steel Group, has lifted its export share to 12% thanks to rising international demand.
The company is focusing on steel plate products, widely used in shipbuilding, heavy machinery, and offshore energy, and plans to expand production capacity both domestically and overseas.
Baosteel emphasized that boosting exports is key to countering global trade barriers and balancing fluctuations in the Chinese market, while strengthening its position as a leading global supplier.
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