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China has conducted a 'war' - not trade - with steel, experts say

Despite China signaling moves to cut its excess steel production capacity, industry chiefs say the country has declared a metals "war" that has had a "devastating" impact for the rest of the world's industry. Overcapacity in the steel industry has been a thorn in the side of the sector in recent years, pushing prices down and making it harder for some steel companies to survive.

Feb 14, 2021 by Holly Ellyatt, Karen Tso - CNBC
World News



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