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Baosteel Stainless to close 2-mln-t carbon steel capacities in 2016

BEIJING
2015-12-17 15:17

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Baosteel Stainless Steel Company will not close stainless steel capacities in Shanghai next year, while 2-million-tonne carbon steel capacities will be closed, the company's general manager assistant Shen Dong has said. Shen declined rumors that the company will shut down all the capacities in Shanghai and that it will be entirely removed to Fujian Province in east China.

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