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 October rose 3.1% year on year to 5.85 million tonnes, data from the International Aluminium Institute (IAI) showed on Monday.
Estimated Chinese production was 3.475 million tonnes, the IAI said.
(By Eric Onstad; Editing by Jason Neely)
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