Commodities research and consulting firm Wood Mackenzie, said recently, the global steel industry will be gradually restored in the next five years, the profits can be improved.
 
The past three years, by the high prices of steelmaking raw materials and steel overcapacity, steel mills meager profits or even losses this year. In this case, the future private sector investment is bound to reduce, inhibit the increase in new capacity.
 
The agency is expected in 2013 with production capacity of only 44 million tons, 2/3 less than before the 2008 financial crisis.



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