Press Releases

Benefit of China’s Capacity Cuts— Global Steel Manufacturer Giants Entering Recovery Stage


Capacity reduction of China’s steel industry not only benefits domestic companies, but also leads to recovery of global steel manufacturers. According to data from China’s Steel Association, China’s steel companies has achieved profit up to RMB23.284 billion, compared with last year’s loss of RMB 8.778 billion; meanwhile, sales revenue...

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