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21 Oct
07:38

China's steel production to sustain, exports will decline

China's steel production could remain at around 1 billion tonnes/year for the next ten years, but large volumes of steel exports will no longer be allowed, according to China Iron & Steel Association chief economist Wang Yingsheng. At a conference held earlier this week, Wang Yingsheng said he believed the industrial foundation of the domestic steel industry will remain basically unchanged in the next ten years. The dual limitation on Chinese output t…
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