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20 Mar
06:07

Chinese steelmakers announce more maintenance plans

More steel companies have announced their maintenance schemes for the period after mid-March. While previously-announced maintenance has covered longs, flats and hot metal production facilities, the five most recent announcements are all for long products, Kallanish notes. So far around 16 major plants have said they will start maintenance over March to April (see Kallanish passim). Weak construction steel demand and slumping prices are putting more pressur…
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