China Steel Mills Are Facing a Wave of Bankruptcies, BI Says --[Reported by Umva mag]

China’s steel crisis is setting the stage for a wave of bankruptcies and speeding a much-needed consolidation of the industry, according to Bloomberg Intelligence.

Sep 23, 2024 - 05:13

China Steel Mills Are Facing a Wave of Bankruptcies, BI Says --[Reported by Umva mag]

(Bloomberg) — China’s steel crisis is setting the stage for a wave of bankruptcies and speeding a much-needed consolidation of the industry, according to Bloomberg Intelligence. Read More

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