Hot-rolled mess: China's steelmakers hit the skids as car sales slow

Filed under: News |

China’s steel mills may have taken a wrong turn by adding millions of tonnes of new high-end capacity just as the country’s car sector, a key steel consumer, undergoes its first contraction in decades, cutting metal demand.

Source:: http://feeds.reuters.com/~r/reuters/businessNews/~3/lYHjtF6ye_M/hot-rolled-mess-chinas-steelmakers-hit-the-skids-as-car-sales-slow-idUSKCN1QG0M1

      

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