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13 Nov
03:11

More Chinese steelmakers plan November maintenance

Many Chinese steel producers have announced production cuts in November. These have eased supply pressures and have helped to lower steel mill inventories, Kallanish notes. Shandong Fulun plans a 50-day suspension of its 1,680-cubic-metre blast furnace, and Wuhu Xinxing Pipe has announced a 28-day stoppage of its 1,280m³ BF. Fulun did not disclose what the reduction in iron output will be, while Xinxing Pipe said it would lose&…
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