23
May
08:14
Xinan Stainless to restart production in June
China's Xinan Stainless in Sichuan province plans to complete its bankruptcy process by the end of June. The steelmaker is expected to restart production in one to two months’ time after having attracted new investors, Kallanish notes.
The 3.9 million tonnes/year stainless steel capacity operation halted production in April 2018, when Xinan Stainless began bankruptcy proceedings. The steelmaker has 2m t/y of hot rolled stainless steel, 1.3m t/y of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous