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10 Nov
02:45

China continues overcapacity elimination campaign in 2017

China’s National Development and Reform Commission (NDRC) says the steel industry overcapacity elimination campaign will keep going in 2017. The elimination targets for next year are likely to be higher than 2016, Kallanish notes. “The steel price surge over January to September won’t stop the capacity elimination campaign, 2017 is very crucial for steel overcapacity cuts in China,” says Xia Nong an official from Department of Resource Co…
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