Summary | That situation reversed a few years ago with supplies
far outstripping demand.By 2013, the pany was forced to cut
steel production capacity to 40 million tons a year.Its iron
ore requirements had by then reached 64 million tons."A decade
ago, looking for overseas iron ore mines meant more profits.But
the same now es with added responsibilities," he says."The ...
far outstripping demand.By 2013, the pany was forced to cut
steel production capacity to 40 million tons a year.Its iron
ore requirements had by then reached 64 million tons."A decade
ago, looking for overseas iron ore mines meant more profits.But
the same now es with added responsibilities," he says."The ...
en.ce.cn | 06 December 2015