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Top steel producing companies. China produced over 1 billion tonnes of crude steel in 2022, 52.9% of the world's total production, [6] and up from 123 million tonnes (121,000,000 long tons; 136,000,000 short tons) of steel in 1999.
WASHINGTON (Reuters) -The Biden administration is not taking any options off the table to respond to China's excess industrial capacity, which is a top concern for the U.S. and its allies, U.S ...
Dong Ling is the largest steel trader and zinc manufacturer in Western China. It declared bankruptcy in late July 2024 as a result of slowing sales of rebar and weaker steel prices due to a slowing real estate market in China. It is unclear if the bankruptcy is for reorganization or for going out of business. [1]
Hunan Valin Steel Co., Ltd. (SZSE: 000932) is a Chinese state-owned company based in Changsha.Founded in 1997, [1] it is primarily engaged in the smelting, manufacture and sale of iron and steel products, as well as nonferrous metal products.
CHINA OVERCAPACITY. Yellen told Reuters no option was "off the table" for dealing with one threat to the U.S. economy - overproduction in China, which was hurting manufacturers in numerous ...
FRANKFURT (Reuters) -U.S. Treasury Secretary Janet Yellen said on Tuesday that the United States and Europe needed to respond to China's industrial overcapacity in a "strategic and united way" to ...
Formerly "Jiangsu Shagang Group Company Limited", it was established in 1975 with self-financing of only 450,000 Renminbi. [1] At the end of 2007, it employs over 26,700 staff, covers an area of 10 km 2, and has total assets over RMB100 billion Yuan.
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