04
Sep
05:04
Guofeng Steel to start dismantling southern steelworks
Tangshan Guofeng Iron & Steel began demolition of the north district of its steelworks in late July this year. On 3 September, the Fengnan government stated that the removal of equipment from Guofeng's southern district also needs to start as soon as possible, Kallanish notes.
In mid-August, Guofeng Steel was required to lower production at its blast furnaces by -50% of total capacity. Now however it will have to fully shut down 2.51 million tonnes/…
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Anonymous
Very good overview of the weekly steel market.
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