The world's biggest steelmaker warns of a looming industry crisis that will outpace 2008's downturn

Baowu, the largest steelmaker, has warned that a "harsh winter" was coming for the industry that could be worse than the 2008 crisis.

https://markets.businessinsider.com/news/commodities/steel-crisis-china-economy-baowu-commodity-2008-manufacturing-industry-trade-2024-8