09
Aug
11:19
Private mills define Chinese fourth quarter steel output
China is implementing production restrictions covering 50% of blast furnaces in the north of the country, which could influence around 21 million tonnes of hot metal output in the fourth quarter of 2017. However as it is state-owned steel companies which are most strictly obeying the government restrictions, there remains some flexibility in potential iron and steel output from private mills.
Current market sentiment is strong based on more thorou…
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Anonymous
Very good overview of the weekly steel market.
Anonymous