China's outcast steel machines find unwelcome home in Southeast Asia
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MANILA (Reuters) - China banned induction furnaces last year in a crackdown on polluting producers of low-quality steel, but these machines have made their way to parts of Southeast Asia, hitting domestic steelmakers and fuelling safety and environmental concerns.The Philippines and Indonesia have seen an influx of these furnaces since China prohibited their use for steelmaking in June 2017, eliminating 140 million tonnes of capacity - or just over the combined output of the United States and..