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China Cuts Overproduction Dramatically
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China Cuts Overproduction Dramatically

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Asia Sentinel
Dec 05, 2017
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China Cuts Overproduction Dramatically
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China’s government moved dramatically in 2016 to cut bloated overproduction that threatened global supply and prices, chopping 65 million tonnes of steel production and 290 million tonnes of coal capacity, according to a new report by the Swiss investment bank UBS, and is expected to meet or exceed similar targets by the time figures are totaled in 2017.

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