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10.11.2015 08:11:00
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Baosteel Group Corporation -- Moody's: Falling Chinese steel demand will drive capacity cuts and restructuring
Hong Kong, November 10, 2015 -- Moody's Investors Service says that Chinese steelmakers' profitability will deteriorate further over the next 12 months owing to weak domestic demand, but this challenging situation should eventually accelerate capacity removals and restructuring over the next 1-2 years.
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