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15 May
01:00

Hebei private mills see profits grow, for some

Privately-owned steelmakers in northern China’s Hebei province saw crude steel production fall but profitability increase in 2014 at core enterprises, according to local reports. The trend demonstrates key changes over the last year in the Chinese market and the stronger examples point the way for China’s other smaller steelmakers, Kallanish notes. The province’s 90 or so private steelmakers saw crude steel production fall -2.11% to 120 mil…
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