China’s steel cuts are a market-moving mirage: Analytics

Capt. John

The Chinese government’s efforts to get on top of crude steel production in 2021 appear to be bearing little fruit. Despite the capacity utilization reductions in Tangshan in Hebei province, and in other cities and regions, crude steel production jumped almost 20% year on year in March to 94...

https://www.hellenicshippingnews.com/chinas-steel-cuts-are-a-market-moving-mirage-analytics/

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