17
May
04:20
New Fushun sees more capacity cut this year
China's Fushun New Iron & Steel in Liaoning province will cut more capacity than previously planned this year after changing the order in which its old blast furnaces (BF) are dismantled, Kallanish notes.
This steelmaker plans to build two 1,400 cubic-metre BFs of 2.52 million tonnes/year capacity to place five smaller BFs with total 3.15m t/y capacity, according to its replacement plan announced in December 2023 through the Department of Industry and Info…
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Anonymous
Very good overview of the weekly steel market.
Anonymous