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China Steel Industry Faces Tough Outlook in 2012

Wednesday, 8 Feb 2012 | 4:40 AM ET

Helen Lau, metals and mining sector at UOB Kay Hian , told CNBC, "we think China's steel sector still faces over capacity issues and high debt to equity ratio but the reason we over rate the sector is that we see the size of demand turn around and the earnings turn around in 2012."