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Trade war

South Korean steel pours into India as US quota kicks in

Quarterly shipments rise 25% to surpass American market as export destination

Posco's hot-rolled steel coils are a major South Korean export to India.   © Reuters

SEOUL -- South Korean steel exports to India increased 25% on the year in the April-June quarter, while shipments to the U.S. declined 30% following Washington's protectionist moves.

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