<p>The Chinese steel industry is going through a “winter”, according to the head of the world’s largest steel producer, with analysts warning the sector &#8211; vital for capesize owners &#8211; faces prolonged decline.&#160; Steel production in July dropped by 9% year-on-year reaching 82.9m tonnes according to the National Bureau of Statistics, the lowest figure reported &#8230;</p> </p><p><p>https://splash247.com/only-5-of-chinese-steel-producers-are-currently-profitable/</p></p>