Climate Change Talks Paris

China’s Cheap Steel Has High Cost to the Environment

(3BL Media/Justmeans) – Xi Jinping, China’s President visited Britain in the same week that Tata Steel announced job cuts at its U.K. steel plants. Global steel price is at its lowest level in more than a decade, so it is no surprise that the U.K.’s production is becoming economically unviable. China’s economic slowdown has caused a fall in their demand for steel of four percent last year.

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