18
Jul
13:32
Negative sentiment hits Chinese steelmakers' operations
China's steel market has tumbled in the past week, with loss-making operations at steel mills leading to widespread shutdowns.
Jiangsu Binxin Iron & Steel Group announced that it will start worker holidays from 15 July due to the company's production and operation difficulties, Kallanish learns that this is the first major steel company in China to begin shutting down production for an early summer holiday. Binxin has 6 million tonnes/year st…
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Anonymous
Very good overview of the weekly steel market.
Anonymous