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Steel producers fail to reach deal; US blames ChinaChina and other major steel-producing countries failed to agree measures to tackle a global steel crisis as the sides argued over the causes of overcapacity, prompting US criticism of Beijing's approach and an angry response from Chinese off More… |
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Overcapacity 'threat to GCC petchem profitability'The production of several petrochemical products in the region will exceed demand significantly over the next few years leading to low utilisation rates and poor margins for less-competitive firms, said a new study by AlixPartners. A major More… |
