ABU DHABI/WAM H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the ...
Read More »China’s steel glut still a problem
Sara Hsu SPECIAL TO EMIRATES BUSINESS China has faced a steel glut since 2014, when a real estate and debt shock forced demand for construction materials into a nosedive. China has been trying to cope with excess inventories both by cutting capacity in the sector and by reducing existing stocks of steel. China’s leadership is now encouraging steel overcapacity ...
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