Fragmented steel sector to see production cutbacks
By Zhang Qi | China Daily | Updated: 2010-06-19 07:17
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A worker checks product quality at a steel plant in Panzhihua, Sichuan province. By forcing steel mills to join hands, the Chinese government hopes they will be stronger force in talks with international miners. Xu Ruiping / for China Daily |
Around 300m tons of capacity to close down in consolidation move
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