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14 Apr
07:54

Chinese steel demand keeps falling says worldsteel

Chinese steel demand may keep falling in the coming two years, according to the latest World Steel Association (worldsteel) forecast. Falling investment levels and declining construction will continue to push down Chinese steel demand until housing inventories are reduced. “China last year, and we expect this year and also next year, will use less steel than in the past," says worldsteel director general Edwin Basson in an exclusive interview with Kal…
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