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30 Oct
07:50

China’s Hubei promotes steel upgrades and mergers

Hubei Province has issued “An Implementation Plan For the Transformation and Upgrading Of the Metallurgical Industry (2023-2025)” to guide the development direction, routes and strategies of the steel industry in the next two years, Kallanish learns. The province expects the steel sector to generate an annual revenue of over CNY 300 billion ($41 billion) in 2025. Within this, two companies with operating income of over CNY 100 billion and eig…
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