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The world’s largest steel industry is experiencing a “winter” amid oversupply and weak demand


The world’s largest steel industry is experiencing a “winter” amid oversupply and weak demand

Workers process seamless steel pipes on a production line in Huai’an, Jiangsu province, China, October 20, 2022. Future release | Getty Images China’s steel industry is struggling as the country’s real estate sector remains in a slump and unable to absorb excess capacity, industry observers told CNBC. “Chinese demand has been a big disappointment for […]