The Traderszone Network

Published in TZ Latest News 4 February, 2016 by The TZ Newswire Staff

The Wall Street Journal: China lays out plan to reduce steel capacity

China’s State Council, or cabinet, said it plans to cut the country’s crude steel capacity by between 100 million and 150 million metric tons over the next five years, in the latest effort to help the nation’s iron and steel industry, which is battling with excess capacity.
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