22
Mar
08:15
Chinese steelmakers lift output targets for 2018
Major Chinese steelmakers have announced this year’s production targets, with most expecting to further increase their steel production volume in 2018 (see table below), Kallanish notes. Overall, output from the companies whch have announced targets for crude steel could be up 11% to 118.81 million tonnes this year.
China plans to remove around 30 million tonnes/year of steelmaking capacity in 2018. With 140m t/y of mislabelled steel capacity eliminated la…
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Anonymous
Very good overview of the weekly steel market.
Anonymous