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09 Aug
14:31

Steel industry to restructure amid challenges: CISA

He Wenbo, executive chairman of the China Iron & Steel Association (CISA), says the current difficulties and challenges faced by the steel industry are global and industry restructuring is inevitable. China's steel industry is facing downward pressure, with many steelmakers planning to aggressively control costs in the hope of long-term survival, Kallanish notes. He Wenbo believes that, with the development of China's economy and society…
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