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24 Apr
07:10

Chinese mills expand production cuts

The rapid decline in China's steel market and pressure from oversupply have spontaneously triggered steel mills to cut production and expand the scope of production cuts further this week. Northwest United Iron & Steel Group held a production coordination meeting at Shanxi Jinnan Steel Group on Monday afternoon, mainly discussing measures to limit production and reduce inventory of steel companies within the group. The group says that since the f…
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