A Global Downturn Puts the Brakes on China’s Industry
The Ma’anshan Iron and Steel Company
MA’ANSHAN, China — The Ma’anshan Iron and Steel Company recently opened a giant $3 billion steel mill on the outskirts of this city. The mill, which covers one and a half square miles and has its own power plant and shipping port, was built to help meet China’s seemingly insatiable appetite for growth.
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