Hellenic Shipping News: China’s Churning Out Steel And the Rest of the World Isn’t Happy
From Brazil to Canada and Mexico to Turkey, steelmakers are unhappy with China. [Reposted from Hellenic Shipping News | June22, 2015] The producer of half the world’s steel is destabilizing the market with “massive and increasing overcapacity in an era of slowing growth,” according to a joint statement by industry associations from around the world…