06
Feb
00:00
MIIT expects more capacity in steels new normal
China’s Ministry of Industry and Information Technology (MIIT) has defined the much talked about “new normal” for the country’s steel industry and it includes another increase in steelmaking capacity despite weak market fundamentals. It also notes an increasing differentiation between efficient steelmakers and those which may eventually be forced out of the market, Kallanish notes.
China’s crude steel capacity hit 1.16 billion t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous