Major steel mills back in black
By Jiang Wei | China Daily | Updated: 2009-06-30 08:02
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Molten steel pours from a furnace at a Dongbei Special Steel Group mill in Dalian, Liaoning province. Major steelmakers are slowly seeing better days on improved demand. CFP |
China's major steel mills turned profitable in May for the first time since last October due to weeks of surging steel prices and low iron ore prices.
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