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Chinese enterprises have also managed to guarantee the construction and operation of overseas projects under the framework of the Belt and Road Initiative.

Companhia Siderúrgica Nacional announced that CSN Mineração SA signed on this date a new long-term iron ore supply contract with the Swiss trading company Glencore International AG.

Latin American steel association Alacero said that Latin America is facing the worst crisis in its modern history and is in a moment of transition.