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Steel Bar Prices Fall to 8-Year Low, China's Steel Crisis Worsens

Summary by 大纪元 Epoch Times
China is the world's largest steel market, which is currently facing a severe oversupply due to overcapacity and dumping of steel by various countries. The price of rebar, a key steel product used in construction, has fallen to its lowest level since 2017, highlighting the worsening of China's steel dilemma.
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大纪元 Epoch Times大纪元 Epoch Times

Steel Bar Prices Fall to 8-Year Low, China's Steel Crisis Worsens

China is the world's largest steel market, which is currently facing a severe oversupply due to overcapacity and dumping of steel by various countries. The price of rebar, a key steel product used in construction, has fallen to its lowest level since 2017, highlighting the worsening of China's steel dilemma.

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大纪元 Epoch Times broke the news in on Thursday, May 29, 2025.
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