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According to the China Iron and Steel Association (CISA), total amount of 20 members with deficit recorded combined losses of RMB1.14 billion in November, compared to combined loss of RMB1.12 billion from 18 members in October. The slow economic recovery of the world's largest steel producer country and consumer led the weak prices and slow growth of steel demand, both keep constraining the margin of steelmakers.It is believed that the number of losing companies probably rose again in December as the cold weather affected the construction sector.