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28 Sep
16:06

Captive mines necessary to guarantee profit margins: CISA

Chinese iron ore and steel companies must increase development of domestic and overseas iron ore mines, says Luo Tiejun, vice chairman of the China Iron & Steel Association (CISA). The benefits of mine ownership in terms of risk control and guaranteeing profits have been demonstrated by the volatile market, he argued at the 20th China International Steel & Raw Materials Conference in Dalian, attended by Kallanish. Luo also suggested an increase in d…
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