SHANGHAI, Sept. 27 (SMM)－Wang Liqun, vice president of China Iron and Steel Association(CISA)said on Wednesday, because steel consumption exceeds anticipation, steel demand quantity of China this year is expected to increase 3-4%. Despite government’s efforts to cut down surplus capacity of steel industry, CISA said early this month, steel output of China this year is expected to reach 840 million tonnes, compared with 808 million tonnes in 2016. (Reuters)
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