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Listen: US, China trade truce fails to cure Chinese steel malaise

Chinese steel markets rallied briefly in the wake of constructive talks between Chinese and US leaders at the G-20 meeting in Argentina, which saw the specter of additional tariffs suspended for 90-days. But the steel price gains did not last long as market fears around weak fundamentals quickly returned.

With steel production seemingly outstripping domestic demand, Chinese mills and traders may look to offload excess supply into export markets, thereby adding to global steel price pressures.

S&P Global Platts senior managing editor Paul Bartholomew and senior China steel analyst Zhang Jing discuss the China steel market situation.