Chinese steelmakers reported huge losses this year, battered by plunging prices and massive market overcapacity amid the country’s economic slowdown. Photo: Xinhua

Chinese steelmakers report huge losses amid plunging prices and overcapacity

Topic |   Angang Steel

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Chinese steelmakers reported huge losses this year, battered by plunging prices and massive market overcapacity amid the country’s economic slowdown. Photo: Xinhua
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Naomi Ng

Naomi Ng

Naomi is a city news reporter at the South China Morning Post. She joined the Post in 2015 as a cadet reporter and has previously written for CNN International in Hong Kong, and Mizzima news in Myanmar.