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28 Mar
12:46

Guangxi EAF steelmakers shut down production

Electric arc furnace steel mills in southern China's Guangxi province have successively announced shutdowns in response to the Covid control requirements of the local government. Meanwhile, widening losses also lead to lower incentive for steel mills to sustain production, Kallanish notes. Guilin Pinggang started to suspend production on the evening of 26 March, and it plans to continue suspensions until 10 April, according to the company's public announce…
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