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Steel industry faces period of structuring
(CMIC)
Updated: 2009-05-22 16:58

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Steel industry faces period of structuring


Baosteel Group chairman Xu Lejiang said at the Boao Forum for Asia 2009 that the outbreak of the financial crisis has made the Chinese steel industry fully exposed to structuring problems and it is time for the industry to adjust its structure. The industry cannot expect good prospects unless all outdated and high polluting capacity is eliminated...

 

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