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08 Jun
10:56

Fangda Special Steel exceeds May production target

Eastern China's Fangda Special Steel has overrun its crude steel production target in May. Steelmakers in China continue to increase production because steelmaking in China has been highly profitable over the past few months, Kallanish notes. Fangda Special Steel produced 362,284 tonnes of crude steel in May, accounting for 105.01% of its planned production. It had targeted daily production of 12,500t in May, and the steelmaker said outpu…
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