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05 Feb
09:11

Twelve Chinese private steel companies break 10mt barrier

Privately-owned steel enterprises in China produced 665.69 million tonnes of crude steel in 2020, accounting for 63.22% of China’s total crude steel production, according to data released by the China Chamber of Commerce for Metallurgical Enterprises. A number of companies recorded extraordinary growth last year due to acquisitions.  Of these private steelmaking groups, 12 produced over 10mt of crude steel in 2020, Kallanish notes. Four compan…
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