10
Nov
10:21
Numerous Chinese steelmakers announce November overhauls
Entering November, steel production control measures and low demand continued to put pressure on Chinese steelmakers. Kallanish notes that 12 steel mills have decided to carry out maintenance in November.
Due to the weak market outlook, affected by the real estate sector and higher margins for hot rolled coil, most mills are choosing to reduce rebar production. Maintenance with a clear start and end time will affect a total of 620,000 tonnes of bar outpu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous