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02 Sep
11:06

Chinese steelmakers halt production in September

Under pressure from output reduction policies, Chinese steel producers have chosen to conduct overhauls of equipment in order to achieve their set output targets. Most steel mills are being required to limit this year's output below last year's level, Kallanish notes. Guangdong Shaogang announced on Wednesday that in the second half of the year, two blast furnaces at the steel plant will be overhauled, reducing supply of pig iron by 400,000 tonnes in …
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