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16 May
13:52

Chinese demand ticks up, UK production collapses: conference

Chinese steel demand will slightly increase this year, Dao Fortune co-chairman Yuan Wenjiong said at the Kallanish Europe Steel Markets conference in Amsterdam on Tuesday. “Demand in China is better than last year,” he noted. “The government has announced measures to keep production at last year’s levels. My expectation is that demand will increase by 1% on-year, if there are no future restrictions." Stanislav Zinchenko, chief executi…
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