19
Aug
10:35
Chinese steelmakers could be eliminated in harsh market
Increasingly more Chinese steel mills have issued warnings that the market situation is serious and that difficulties will last longer, Kallanish notes. The list includes Baowu, Angang Group, HBIS and Shagang Group, China’s top four in terms of production in 2023, and Shougang Group, the sixth.
Shanxi Jianbang, a private company with 6.5 million tonnes/year of crude steel capacity, even pointed out that Chinese steel enterprises will not be able to…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous