WSJ - Markets

A Surprise Lift From China for U.S. Steel

U.S. Steel producers are poised to get a surprising boost from China, the same place that caused the industry more than a decade worth of pain.

While the focus has been on rising Sino-U. S. trade and geopolitical tensions, China has been quietly chipping away at one of the main sources of friction: massive overcapacity in its domestic steel industry, which has tanked global prices and helped gut overseas producers.

Beleaguered… Markets

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