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11 Apr
08:53

Chinese steel demand to fall in 2018: Baosteel

During its online briefing on 10 April Baosteel head of finance Wu Kunzong estimated that China's domestic steel demand in 2018 could fall from last year, while average steel prices this year could be slightly lower than 2017, Kallanish notes. The general manager of Baowu Iron & Steel Group, Chen Derong, also spoke this week at the Boao Forum for Asia, saying that Chinese domestic steel demand has been falling together with supply over recent y…
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