20
May
01:00
China is not exporting outdated capacity: NDRC
China’s policy of “going out” for its industries with overcapacity has been misunderstood and does not mean outdated capacity will be moved abroad, according to an official from the National Development and Reform Commission (NDRC). However, the policy still means a rapid expansion in Chinese-owned steelmaking capacity overseas, Kallanish notes.
“The core of the international industrial cooperation is to encourage our advanced capacit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous