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Orbis HRC CIS Export Forecaster Orbis HRC CIS Export Forecaster

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Currently, steel output has indicated declines, which will slacken the demand for raw materials. As of May 1, China has implemented zero import duty on coal imports, which will exert a negative impact on coal prices. At the same time, supplies of iron ore from Brazil and Australia have increased, which will weaken the support for iron ore prices, the company stated.