760 billion debt pressure listed steel companies adhere to the production less than production luckily

760 billion debt pressure listed steel companies adhere to the production less than production luckily. Last year, according to a study of the China enterprise confederation, China's iron and steel, cement, glass and aluminum four industry exist obvious excess capacity, in which crude steel capacity of 75. 8%. After this newspaper reported that some mills had originally thought that the government will be in a similar 2008 4 trillion investment to rescue, the policy expected misjudgment let some corporate earnings again under pressure. This part also can explain why most steel mills had still full power production. A medium-sized steel mills had said, than after production net outflows of employee wages, bank interest, maintain production may be even less than production luckily.