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24 May
18:26

Chinese steel companies see skills loss increase

Ma’anshan Iron & Steel (Magang) lost 7,326 personnel over 2015 to 2016. These were mainly first line and technical production workers with enhanced skills according to the listed company report. The average education level amongst employees has also decreased based on the number of staff with bachelor’s and master’s degrees. A similar situation is also evident at Bayi Iron & Steel and Valin Iron & Steel. Thanks to better profits due…
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