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19 Apr
01:00

Financing costs will increasingly differentiate Chinese steelmakers

Chinese steelmakers are facing increasingly heavy debt burdens. The ability to refinance and operate on capital markets will increasing separate those with a future from those under pressure to close, according to delegates at a SteelHome conference in Shanghai over the weekend. The issue is changing the paradigm for Chinese steelmakers, which can no longer rely on high production levels or product mix alone to stay afloat and independent, Kallanish&nbs…
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