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China's iron ore market facing near-term oversupply

Most new steel projects will not be commissioned until December.

Shi Weijun
Scrap steel as a long-term alternative to iron ore is gaining traction in China’s steel sector

Scrap steel as a long-term alternative to iron ore is gaining traction in China’s steel sector

Some 83% of this year's new capacity for pig iron will be launched in H2, according to a recent analysis by Shanghai-based steel and iron ore consultancy SMM. This new capacity - a total of 38 new blast...

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