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06 Mar
06:15

More Chinese steel mills launch maintenance in March

More and more steel plants in China are arranging maintenance in March, Kallanish notes. High social inventory levels have caused increasing concern on excess supply, in particular for construction. March maintenance may remove some of the pressure if prices fall further (see also Kallanish 2 March). Some major steel companies across the country have announced new equipment maintenance plans during March, involving steel longs, hot-rolled flats and hot meta…
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