Apr. 30, 2009 (China Knowledge) - Hebei Iron and Steel Group Co Ltd (HBIS), the country's top steelmaker by output, reduced its production by 10% to weather the sluggish market, the Shanghai Securities News reported.
Tian Zhiping, vice president of HBIS, said on sidelines of the Far East Steel 2009 Conference that the Group will not be able to hold to its existing long-term iron ore agreements, b
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