China stainless steel mogul fights to avoid a second collapse
A debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry.
Global primary aluminum output in December rose 6.12% year on year to 5.859 million tonnes, data from the International Aluminium Institute (IAI) showed on Friday.
Estimated Chinese production was 3.47 million tonnes in December, the IAI said.
(By Eric Onstad; Editing by David Goodman)
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