Chinese Steel Production Soars Despite Beijing's Promises to Cut Output
3 days ago
In a surprising twist within the global steel market, Chinese steel production has surged markedly, defying the expectations set forth by the Chinese government's commitment to reduce output. Recent reports indicate that while the nation has pledged to cut down on steel production to meet environmental goals, the reality on the ground tells another story.
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American Electric Power Completes $2.8 Billion Sale of Wires Stake, Aims for Strategic Growth
3 months ago
American Electric Power (AEP), one of the largest utility companies in the United States, has announced the successful sale of a significant portion of its electric transmission assets. The transaction, valued at $2.8 billion, marks a pivotal moment for the company as it seeks to streamline its operations and focus on core growth areas.
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