We've been hearing this week about how oversupply in the steel industry is costing jobs in the UK.
But it's also hitting workers in China, which released its latest economic numbers on Tuesday showing the economy grew by 6.9% in 2015, compared with 7.3% a year earlier.
The numbers mark the country's slowest growth in a quarter of a century. Beijing had set an official growth target of "about 7%" for the world's second-largest economy.
China's economy has been hit by shrinking foreign and domestic demand, weak investment, factory overcapacity and oversupply in the property market.
Stephen Evans reports on how the country's slowdown is being felt in the steel industry.