Tuesday, June 07, 2005
China to consolidate steel sector
Reuters via Yahoo News
Beijing aims to cap the country's long-term annual steel production capacity at 300 million tonnes, and will encourage further consolidation of the sector's hundreds of steel mills, state media said on Tuesday.
Beijing aims to cap the country's long-term annual steel production capacity at 300 million tonnes, and will encourage further consolidation of the sector's hundreds of steel mills, state media said on Tuesday.