Chinese Steel Group Chides Mills for Ignoring Output Curb Calls

Some Chinese steel mills have ignored calls to curb output and reduce inventories, leaving the sector oversupplied and struggling for profitability, according to a commentary published by the industry’s main association.

Some Chinese steel mills have ignored calls to curb output and reduce inventories, leaving the sector oversupplied and struggling for profitability, according to a commentary published by the industry’s main association.