27
Sep
10:26
Chengde Shengfeng to shut down completely
Hebei Chengde Shengfeng Iron & Steel (Chengde Shengfeng) will shut down all its facilities and stop production on 30 September. All workers will have their employment terminated on 1 October, Kallanish notes.
The facilities involved include two 630m³ blast furnaces with 1.48 million tonnes/year of iron capacity, and two 50-tonne converters with 1.52m t/y of steel capacity. In November 2019, Chengde Shengfeng transferred the iron and steel quotas to Guangx…
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Anonymous
Very good overview of the weekly steel market.
Anonymous