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China Says No To Fixing Steel Problem

China is producing much more steel than the country and the world can use, and is "dumping" it onto international markets. But when China was confronted with the dumping charge at a conference in Brussels this week, the Chinese government refused to back down. The...

The Big Fight Over Chinese Steel

China increased its steel production capacity by 540 percent between 2000 and 2014. Then the market slowed. To keep from having to lay off workers, China's steel companies started "dumping" steel on world markets at below-market prices. As a result, steel companies...

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