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China''s 91 blastfurnace mills under Mysteel''s monthly survey have reported that the gross profits they earned on the three major steel products all shrank last month, with their average
Another reason for the slump in China''s steel markets is the unique structure of China''s statedominated steel sector. This year Chinese mills have maintained high levels of steel production
China last winter ordered mills in 28 northern cities to cut output by up to half, causing steel prices to rise 54 percent in 2017. This year prices are up 20 percent. This year prices are up 20
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Significantly, the growth in profits among China''s private mills this year has been faster than that recorded by members of China Iron and Steel Association (CISA) which mostly are stateowned mills, Mysteel notes. The drop in the debtasset ratio has also been quicker for the privatelyowned mills. As reported, the average debtasset ratio among the over 100steelmaker members of CISA fell
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Some aluminum mills are complaining that aluminum customers are getting tariff exclusions on billions of pounds of imported product – as a result, this scenario is undermining the domestic
Mills and wife Alyssa — the pair met at college at Saint Mary''s, California — along with a 13member team made up of Americans and Aussies, mapped out a fourday journey through the south
China''s secondlargest steelmaking province, Jiangsu, will require steel mills to move to two new areas on the coast in the next few years, according to a provincial government document, to reduce
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14/09/2017· Steel production in China chalked up a fresh monthly record as mills in the world''s top supplier increase output to profit from a rally in prices to sixyear highs before governmentordered
Australia''s department of industry expects the longterm performance of its iron ore exports to be positive, with China''s demand set to remain strong in the future given a need for it to rely
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Record stashes of steel fill China''s mills as factories stall Industry fears another export wave that floods global market A worker stacks steel pipes at a factory in Liaoning Province.
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