Tag: Production cuts
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China’s Steel Sector to face Weak Demand and Production Surge ahead in H2 2019: CISA
Despite the ongoing trade war between China-U.S. that has generated concerns of slowing demand growth, Beijing is continuing to churn out record levels of steel output. Subsequently amid this production surge, CISA (China Iron and Steel Association) has warned of the risk of an steel output increase in the country this year and have asked…