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31 May
04:18

Baosteel Stainless Shanghai plant to close in June

Baosteel Stainless expects to completely shut down its Shanghai plant in June 2018, after completing production of its remaining orders, according to market sources. The steelmaker plans to close its steelmaking facilities and hot rolling mills in June, Kallanish notes. After the single stand cold rolling mill took the lead in shutting down production a few days before, the five stand cold rolling mills were shut down yesterday. The listed company o…
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