【SMM Steel Market Morning News: The cumulative steel exports from January to March reached 25.80 million tons, a year-on-year increase of 30.7%. On April 12, the People's Bank of China conducted 20 billion yuan 7-day reverse repurchase operations, with a bid rate of 1.80%, unchanged from before. There are no reverse repurchase agreements expiring today, so a net injection of 20 billion yuan was made for the day.】
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