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Japan steel federation: China steel output under control despite record 2017

Japan Iron and Steel Federation chairman Kosei Shindo said on Monday China's steel output remains under control despite record output from the world's top producer in 2017, citing abolition of illegal Chinese steel production and solid local demand. Shindo, who is also president of Nippon Steel & Sumitomo Metal Corp, said he is worried about higher prices of steel-making raw materials, such as coking coal and iron ore, especially as cyclone season approaches in Australia.

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