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Industry News
6th June 2017

The hard-to-believe steel shortage that’s unfolding in China

The world’s top steelmaker may have a shortage of steel. China has a lack of rebar, according to iron ore miner Fortescue Metals Group Ltd., which says a shortfall of the key product helps to explain a divergence between the price of the commodity it digs up with the alloy it’s made into.

Bloomberg

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