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10 Jan
09:59

China increases steel industry concentration slowly

As of November 2021, the combined steel output of China’s top 10 and top 20 steel companies respectively accounted for 40.39% and 54.85% of the country’s total output, compared to 37.4% and 51.59% registered one year earlier, Kallanish learns from Monday’s meeting of the China Iron & Steel Association (CISA). To reach the minimum target of 60% concentration rate of the top 10 steel companies in 2025, China must maintain an annual growth rate …
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