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Miners' billions at stake as China's peak steel nears

World Steel Association sees output reaching its zenith in three years, prompting plant closures

London

CHINESE President Xi Jinping obviously wasn't speaking for the world's iron-ore producers when he pronounced this month that the risks from his country's slowing growth "aren't that scary".

Mining giants have wagered US$120 billion on belief that steel production in China

sentifi.com

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