{"id":134213,"date":"2025-08-08T11:00:11","date_gmt":"2025-08-08T11:00:11","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=134213"},"modified":"2025-08-08T11:00:11","modified_gmt":"2025-08-08T11:00:11","slug":"chinas-steelmakers-cool-competitive-fires-as-price-war-cuts-profit-margins","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=134213","title":{"rendered":"China\u2019s steelmakers cool competitive fires as price war cuts profit margins"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostAs a fierce price war threatens to turn their revenues microscopic, China\u2019s steel firms are calling for changes to make the industry less self-destructive \u2013 a move in line with directives from Beijing to suppress a downward spiral that has degraded multiple sectors of the country\u2019s economy.<br \/>\nWhile acknowledging the seemingly endless drive to reduce prices is erasing profit margins, industry insiders still struggle to find a market for their chronic oversupply, and expressed scepticism over the&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3321242\/chinas-steelmakers-cool-competitive-fires-price-war-cuts-profit-margins?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostAs a fierce price war threatens to turn their revenues microscopic, China\u2019s steel firms are calling for changes to make the industry less self-destructive&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/134213"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=134213"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/134213\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=134213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=134213"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=134213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}