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25 Sep
08:03

Eight steelmakers to implement joint production cuts

Eight Chinese steel companies reached a consensus on joint production reductions during a meeting held on 23 September, Kallanish notes. The companies involved are Sichuan Chuanwei Group, Sichuan Desheng, Shanxi Jinnan Steel, Shanxi Jianlong, Shanxi Jincheng Iron & Steel (Jingang), Shanxi Gaoyi Steel, Shanxi Jianbang, and Shaanxi Steel Group (Shaangang). Considering the high costs and low prices of finished steel in the Chengdu and Xi’an areas, thes…
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