China steel price surge unsustainable, says industry group
High output by member firms will ensure there's enough supply, it says
Shanghai
THE China Iron and Steel Association (CISA) said it saw little likelihood of a big shortage in steel supply, despite a crackdown against polluting industries and producers of low-quality steel, limiting the prospect of further price surges.
"Environmental restrictions during the winter heating period will have a certain impact," the CISA said in a statement on its website late on Tuesday.
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