There is perhaps no better example than steel to illustrate the problem. China is by far the biggest steel producer in the world, accounting for more than half of the world’s production.
2023/24 net loss 1.5 bln euros EPCG can step back from steel deal if joint venture fails Free cash flow before M&A positive at 110 mln euros Shares jump to top of midcap index ESSEN, Germany ...
China’s steel exports have exploded higher. History suggests it can’t last. Steelmakers in the world’s biggest producer are leaning heavily on overseas sales to soak up a surplus caused by ...