27
Aug
03:29
Steelmakers in Xinjiang halt production in late-August
Xinjiang steel mills, which have to pay more for raw material purchases and transportation costs because of their remote location, have announced more maintenance during the steel market downtrend, Kallanish notes. Steel demand in the region has not recovered due to slow economic development and fixed asset investment.
Baowu Group subsidiary Xinjiang Bayi Iron & Steel announced it would halt a 3,000m3 blast furnace for…
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Anonymous
Very good overview of the weekly steel market.
Anonymous