Betting Worst Is Over, Steelmakers Spending Again After Cuts
A factory worker repairs a cable in the hot-rolled steel production area of “Baogang”, or Baotou Iron and Steel, in the northern Chinese province of Inner Mongolia. (Photographer: Natalie Behring-Chisholm/Bloomberg News)

Betting Worst Is Over, Steelmakers Spending Again After Cuts

(Bloomberg) -- After years of losses, plant closings and job cuts, some of the world’s biggest steelmakers are ready to spend more on their businesses.
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