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Chinese Steel, Australian Ore: Albanese Flags Global Concern on Overcapacity

Heena Sharma
Published : Jul 14 2025, 04:01 PM IST
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Australian PM Anthony Albanese, speaking in Shanghai, highlighted how Australia’s iron ore powers China’s steel industry. He called for joint efforts to tackle global steel overcapacity, amid rising complaints over cheap Chinese steel exports. His visit to China also focuses on regional security and strengthening economic ties.

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