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Chinese steel production will be cut further in the months ahead, with output already down 8% year to date, Kallanish Consulting Services analyst Ian Roper said at Thursday’s Kallanish International Steel Scrap Conference in Istanbul. “With steel demand seemingly disappointing in its post-lockdown reacceleration, and steel margins under pressure already, it seems more cuts to steel output in China are inevitable,” Roper stated. Chinese steel dema…
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