16
Jun
12:28
Chinese steel mills increase maintenance in June
China's steel market has been weakening in June, with sluggish trading leading to high inventories. More than 20 Chinese steel mills have announced overhauls in this month to ease the supply pressure, Kallanish notes.
Seven Tangshan steel mills announced they would suspend some blast furnace production in June-July in response to rising coke prices and limited downstream demand. This will affect local pig iron production and indirectly lead to a reduction…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous