24
Apr
03:37
HBIS to cut rebar production in May
Xuanhua Steel (Xuangang), an HBIS subsidiary in Hebei province, has decided to carry out maintenance on its rebar lines in May, lasting fifteen days. Meanwhile, the HBIS Group plans to transfer the assets of several subsidiaries to the HBIS listed company, Kallanish notes.
Xuangang estimates that the May downtime may impact production in total by 45,000 tonnes. The company carried out maintenance on rebar and wire rod lines for 25 days in April, reducing…
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