Steelmaking in Asia drives iron ore demand in Australia.

OECD calls on China to cut steel capacity

Almost 500,000 workers would need to be laid off in China’s steel industry by 2020 under a plan to reduce excess capacity, according to a report released by the international Organisation for Economic Cooperation and Development this week.  


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27th-Allegra Capital5
28th↑Cygnet Capital5
29th↓Merrill Lynch5
30th↓Tomkins Turner Corporate Advisory5
31st↓Wolfstar Group4
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