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05 Jan
09:35

Some Chinese steelmakers halt production in January

Four Chinese steel companies have announced maintenance in early January, which will mainly affect the production of rebar. As the supply of rebar in the spot market is somewhat tight, the overhauls are expected to bring positive sentiment to the construction long products market, Kallanish notes. Major eastern Chinese steelmaker Shagang will conduct maintenance on a blast furnace, converter, thick plate rolling mill and rebar mill in January. This will …
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