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27 Mar
13:54

Chinese steelmakers see less maintenance

Chinese steelmakers have reported less maintenance in March than in the previous month, as a number of production restrictions will have expired by the end of March. The market expects to see higher production as from April, which may increase the pressure on both steel mills and traders, Kallanish notes. Zenith plans to halt one medium bar mill for a month in April, which will reduce 50-200mm bar production by 70,000 tonnes in total. It has …
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