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    lead investing

    China Hikes Smelting, Steel Capacity Cuts

    Investing News Network
    Jul. 11, 2011 12:08PM PST
    Base Metals Investing

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

    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.

    Click here to access the entire news

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