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11 Jan
09:08

Chinese stainless steelmakers plan maintenance, cut market supply

As the Chinese Spring Festival approaches, more stainless steel producers have released maintenance plans. The reduced market supply has also brought changes to the stainless steel market, and market participants expect stainless production to be at a low level in January and February, Kallanish notes. Beihai Chengde announced on 10 January that its production this month will be reduced by -20%, with output of 200 and 300 series stainless reduced by ar…
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