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At the policy level, the Ministry of Commerce encourages companies to participate in regional cooperation under the RCEP framework, projecting a 28% year-on-year increase in steel exports to RCEP member countries in 2025. Industry insiders suggest that steel companies combine product differentiation with localized services, such as promoting high-strength construction steel in the Indian market and focusing on wind power steel in the Brazilian market, leveraging technological advantages to offset trade barriers.
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