China's steelmakers should cut output - Japan's steel industry head
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TOKYO (Reuters) - The head of Japan's steel industry on Thursday said Chinese steelmakers should cut production to reflect weakening demand from manufacturers amid a coronavirus outbreak as steel inventories climb in the world's biggest steel producer. "We are aware that the steel stockpile in China is rapidly rising," said Japan Iron and Steel Federation Chairman Yoshihisa Kitano. "We want to warn that Chinese steelmills should adjust their output to reflect declining manufacturing activities,"..