29
Oct
07:59
Shagang, Yonggang to halt iron output in November
With the China Import Expo in Shanghai nearing, steelmakers Shagang and Yonggang have announced detailed production restrictions that will see overall iron output cut by 290,000 tonnes/year from 1-15 November, Kallanish notes.
In the two-week period Shagang plans to stop three 480m3 blast furnaces and two 580m3 blast furnaces, which is expected to affect the production of 110,000t of iron. Finished steel production in November will be not affected, as …
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Anonymous
Very good overview of the weekly steel market.
Anonymous