17
Oct
06:15
Chinese steelmakers halt hot rolled steel output
Last week on the Shanghai spot market, HRC inventory levels were low, and deals gradually recovered, leaving traders expecting prices to continue to rise this week. At the same time, more flat steelmakers have announced maintenance plans, reducing market supply and potentially boosting confidence, Kallanish notes.
Liugang's No. 1 HRC mill is being overhauled from 15 October, with an affected average daily lost output of about 8,000 t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous