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22 Oct
11:20

Chinese steel output may fall 20% says Baosteel chair

Chinese steel production will eventually slump around 20% from current levels as its economy restructures, says Baosteel chairman Xu Lejiang. That may still leave Chinese finished steel exports at a significant level however, Kallanish notes. Speaking at the 10th China Society for Metals Annual Conference and 6th Baosteel Bienniel Academic Conference in Shanghai on 21 October, Xu said "If we extrapolate the previous experience in Europe, the Unite…
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