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05 Mar
03:48

Chinese steelmakers add overhauls in March

Chinese steel producers are under pressure from falling prices amid high inventories. The uncertainty surrounding the recovery of demand caused by the coronavirus outbreak has led many steelmakers to reduce production, Kallanish notes. In northern China, Anyang Steel, Anshan Steel and Shougang Jingtang plan to overhaul their blast furnaces in March. Anyang will reduce 150,000 tonnes of iron output over 15 days in March. Anshan Steel (Angang) and Shougang Jing…
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