Steel consumption on the mainland rose only 0.4 per cent in the first half, with the outlook for the second half poor. Photo: Reuters

China's steel industry burdened by overcapacity, workers baulk at shutting plants

Local resistance to capacity cuts a key hurdle in efforts to restore balance in demand and supply

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Steel consumption on the mainland rose only 0.4 per cent in the first half, with the outlook for the second half poor. Photo: Reuters
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