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13 Aug
09:38

More Chinese flat steelmakers announce maintenance plans

More maintenance plans have been released in August as Chinese steelmakers are seeing plentiful steel supply in the market. It is estimated around 150,000 tonnes of flat product output and 60,000t of longs will be lost across four steelmakers, Kallanish notes. Northwest China's Jiuquan Iron & Steel (Jiuggang) announced it is halting one HRC mill over 4-20 August, affecting 48,000t of HRC output. Meanwhile, Heb…
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