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Baoxin Stainless to cut production in December

27 Nov 2007 14:24 reported by Lucy Liu

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China’s Ningbo Baoxin Stainless Steel plans to reduce its production output in December.

The company is expected to reduce by 10-15 percent in production to cope with the weak stainless steel market.

In fact, China’s major stainless steel mills have planned to cut production in order to stabilize the market.

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