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21 Dec
11:30

Minmetals exits import business to Europe

Chinese trading company Minmetals is closing its steel operations in Düsseldorf at the end of 2017 after ten years in business. As a consequence of the EU’s antidumping duties, the business of the unit in Europe has shrunk so that the Chinese parent has decided to end steel deliveries to Europe, Kallanish learns. Minmetals will continue to operate in Düsseldorf with its other activities in raw materials trading, which includes iron ore, chro…
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