BEIJING, April 25 (Reuters) - The government-backed
China Iron and Steel Association (CISA) called on domestic
steelmakers to cut production following rapid price drops at a
meeting with several steelmakers on Monday.
Domestic steel prices have fallen sharply, posing severe
challenges to steel mills.
Representatives from 16 steelmakers and the CISA attended
the meeting, the CISA said in a statement on its WeChat account
on Tuesday.
(Reporting by Amy Lv and Dominique Patton; Editing by Alison
Williams)
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