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25 Apr
07:27

Shen highlights potential second-half barriers for Chinese steel

Shagang Group chairman Shen Wenrong has warned that multiple factors, including continuing slow exports, can have an influence on current Chinese steelmaking margins in the second half of 2018. He was speaking to the China Chamber of Commerce for Metallurgical Enterprises annual conference on 20 April, Kallanish notes. Shen said that the Chinese steel market recovery following capacity elimination and mislabelled steel clearance in 2017 is threate…
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