14
Feb
14:43
China cuts steelmaking capacity but produces more: report
China’s capacity cuts in 2016 exceeded expectations but were not enough to reduce steel production, according to a widely-circulated Geenpeace report. While much attention is being paid to the fact that capacity in production increased, the key fact of the report is that capacity utilisation has increased and so has steel production, Kallanish notes.
The report’s purpose is to highlight that Chinese steel production has increased despite capacity clo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous