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Steel sector in a new round of downturn
By Cui Xiaohuo and Jiang Wei (chinadaily.com.cn)
Updated: 2009-03-06 18:56 China's steel industry has entered another round of decline since mid February after a short pick up in January, said Shougang Group Chairman Zhu Jimin.
Zhu said it would take a long time for the steel industry to recover, despite the government's 4 trillion yuan stimulus package and industrial support plan. (For more biz stories, please visit Industries)
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