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23 Oct
04:29

Chinese steelmakers resume production

In China several major steel plants have announced capacity resuming production recently. The moves cast further doubt on the possible impact of planned steelmaking restrictions, Kallanish notes. Most of the restarting equipment has been idle for more than two months due to maintenance or company restructuring. Some mills like Anyang say they are resuming production to take advantage of the current strong steel market. Bengang, Zenith and Magang, meanw…
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