Friday , January 10 2025

Business

The crisis in the Chinese steel industry is more serious than in 2008 and 2015 | News India

New Delhi: Chinese steelmakers have cut production in anticipation of a further drop in steel demand, leading to a squeeze on margins. China's steelmakers produced 829.4 million tonnes of steel in July, down 9 per cent monthly and year-on-year. Data from the National Bureau of Statistics recorded the lowest production …

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