SHANGHAI -- Chinese steelmakers are stepping up production at an unprecedented pace even as the government mandates reduced capacity, raising the specter of a supply glut that threatens to spill over the border once more.
Business trends
China steel sector flashes signs of another glut
Overproduction looms despite state-mandated capacity cuts as economy slows
China is poised to produce over 1 billion tons of steel in a year. © Reuters
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