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14 May
11:51

Baosteel concerned over automotive, white goods demand

Baosteel's listed company expects to see a year-on-year increase in production and sales this year, but changes in demand in the automotive industry and home appliance industry may affect the company's orders, according to financial director Wang Juan and marketing department deputy general manager Hu Hong on a conference call last week. Baosteel plans to sell at least 51 million tonnes of steel this year, Kallanish notes from the conference. However,…
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