Subscribe to RSS feedChina has too much steel on its plate . . .
by
Obsidian
—
last modified
Mar 26, 2009 12:00 AM
Supplies of Chinese steel plate continue to rise, with new facilities due to open just as demand from the country's shipbuilders goes into a tailspin.
Market analysts at a conference on the mainland said last week that the 2008 output of steel plate increased 63% to 20.1m tonnes and that new facilities producing the raw material were due to go online this year.
This...
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