Jul 03, 2013 Chinese steelmakers are dealing with a substantial oversupply problem that will likely force them to transform the way they do business. A report posted on the China Iron and Steel Association (CISA)’s website on Monday said that a weak economic recovery, low demand, high prices for raw materials and high steel output have caused an oversupply of steel products. The report, which was compiled by the Laigang Group, a major iron and steel ...
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