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Debt on Steel companies

Top steel firms' debt level totals record $150 billion

Top steel firms' debt level totals record $150 billion

Thu, Aug 18, 2016

EY said in a report published on Thursday steel firms took on debt as they fought for market share, notably the Chinese steel sector has added about a billion tonnes of capacity since 2000, helping to take global excess capacity to about 700 million tonnes.

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