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20 Aug
09:13

Major Chinese steelmakers expect strong second half

During an executive meeting of the China Iron and Steel Association (CISA), major steelmakers said they expect to see strong steel demand in the second half of 2018. This follows a steady and positive improvement in performance in China’s steel industry in the first half, Kallanish notes. Cao Zhiqiang, chairman of southern China's Hunan Valin Group, gave two reasons for the company's better performance. On the one hand, supply-side r…
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