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Essar Steel Minnesota’s Chapter 11 Bankruptcy – Another Victim Of The Chinese Steel Industry

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According to Forbes, Essar Steel Minnesota went into Chapter 11 bankruptcy on Friday as the State of Minnesota withdrew the state licences for the taconite the company was preparing to mine. It might seem a little odd that an Indian owned mine in Minnesota will go out of business as a result of the Chinese steel industry slowing down but that [&hel

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