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06 Dec
04:32

Tightening Chinese restrictions halt blast furnaces

Announcements by local governments enforcing winter restrictions have begun to result in the closure of some small blast furnaces. After China's winter production restrictions have been judged as weaker than a year ago, local governments are coming under pressure to increase restrictions. The impact on market supply is expected to be limited however, Kallanish notes. Two 550m³ blast furnaces at an unspecified Tangshan steelmaker have repo…
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