Tag: Crude Steel Production
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Chinese Steel Crisis: Crude Steel Output to Fall First Time in a Decade
The year 2015 proved to be the worst year for global steel industry, with China being the most badly affected country. The Chinese steel industry suffered due to sluggish demand, steel mills overcapacity, cheap exports resulting in huge losses to the steelmakers there. As reported, CISA (China Iron & Steel Association) expects the crude steel…