Private mills’ proportion of Chinese steel output tops 50%
Mar 13, 2013 | 08:54 AM
|
Tags
Chinese private mills,
Chinese steel mills,
Chinese steel production,
crude steel output,
steel consolidation
SHANGHAI — Privately owned steel mills now account for just over half of Chinese steel production, which poses a challenge for any serious move toward industry consolidation.
Private mills produced about 362 million tonnes of crude steel last year, 50.5 percent of the country’s total output of approximately 716.54 million tonnes, Shen Wenrong, founder and president of Shagang Group, China’s largest privately owned steelmaker, said at the opening ceremony for the Small and Medium-sized Metallurgy Enterprises Chamber of Commerce.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here