Steel industry on a consolidation mode
By Zhang Qi | China Daily | Updated: 2009-07-18 08:10
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A worker walks past steel reinforcement bars as they are loaded at a steel products stockyard in Beijing. Large steel mills in the country are expected to go on a consolidation mode this year. Bloomberg News |
Contrary to expectations steel output in China will not see any slowdown and would continue its strong growth trajectory this year, according to industry experts.
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