China's steel exports saw blistering growth in the first three quarters of this year but the pace will slow down, the China Iron & Steel Association said yesterday.

A worker welds at a construction site in Nanjing, the capital of East China's Jiangsu Province. China's steel exports saw blistering growth in the first three quarters of this year but the pace will slow down, the China Iron & Steel Association said yesterday. [China Daily]

The nation exported 28.59 million tons of steel products in the first three quarters, rocketing 81 per cent from a year earlier, according to statistics from the steel association.

The rapid growth was mainly the result of strong global demand for steel products and much higher prices on the international steel market than on the domestic market, said Luo Bingsheng, vice-chairman of the steel association.

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