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China's steel consumption to hit 750m tons by 2015

Updated: 2011-11-07 14:55

(Xinhua)

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BEIJING-- China's annual consumption of crude steel is expected to reach 750 million tons by 2015, according to the industry's five-year plan issued Monday.

Annual demand for crude steel will peak between 770 million tons and 820 million tons from 2015 to 2020, according to the plan posted on the website of the Ministry of Industry and Information Technology.