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China Hikes Smelting, Steel Capacity Cuts

Monday July 11, 2011, 11:08am PDT

Reuters Africa reports that China has ordered local governments to cut a total 2.04 million tonnes of aluminum, copper, lead and zinc smelting capacity in 2011.

The market news is quoted as saying:

China is the world’s top producer and consumer of aluminium, lead and zinc and the largest consumer of copper.

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Tags: lead, Lead Company News, lead futures, Lead Market News, lead news, lead value


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