Sunday, July 29, 2007

China's 2007 Steel Production May Rise by 14 Percent, Industry Guild Says

(Bloomberg) -- China, producer of one third of the
world's steel, may increase output of the metal by 14 percent
this year, the China Iron and Steel Association said.

Production may reach 480 million tons this year, the
association said in a statement in Beijing. That compares with
its previous forecast of 475 million tons.


Read more at Bloomberg Emerging Markets News

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