Tuesday, July 12, 2016

China's Baosteel to cut capacity by 9.2 mln tonnes between 2016-18 - website

SHANGHAI, July 12 (Reuters) - China's Baosteel Group, the

country's second-biggest steelmaker, plans to cut 9.2 million

tonnes of crude steel capacity between 2016 and 2018, as part of

its efforts to push for supply-side reform and cut overcapacity,

it said on its website on Tuesday.

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