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07 Apr
05:19

Liugang holds back production of flat products

Southwestern China’s Liuzhou Iron & Steel Group (Liugang) has announced it will bank its No.6 blast furnace for 45 days due to lack of flat product orders. The estimated influence on hot metal output will be 200,000 tonnes. Liugang produced 11.05 million tonnes of crude steel in 2016, an increase of 2.1% year-on-year, Kallanish notes. On 6 April Liugang issued a notice that it would decreasing steel flats output in order to help stabilise the…
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