01
Nov
07:39
Baosteel sees Chinese steel capacity, production peaking
China-listed Baosteel predicts the government’s control of Chinese steel production capacity and output will become the norm in future. Mergers and acquisitions will therefore be the only way to expand market share as new capacity building will be restricted, Kallanish notes from the company’s quarterly report.
The Baowu Group subsidiary expects to reach 50% market share in some segments as diversification and a move towards high-end products become th…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous