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Asia awash in Chinese steel as Trump tariffs wall off US

Trade war divides market, leaving no clear winner as demand weakens

TOKYO/SHANGHAI -- The steel tariff imposed by Washington last year has split the U.S. market from the rest of the world, leaving Asia facing a glut of Chinese metal.

Global crude steel output for the six months through June rose 4.9% on the year to an all-time high of 925.06 million tons, World Steel Association data released Friday shows. 

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