18
Sep
03:44
Production curbs boost Chinese stainless steel prices
Chinese stainless steel prices have kept surging as energy consumption control measures are suppressing production in major provinces such as Jiangsu, Shandong and Guangxi.
Two stainless steelmakers in Jiangsu are facing production cuts by 30-50%, and one has also had to reduce output due to a ferronickel shortage. The Guangxi government has meanwhile asked six companies to cut production by 40% due to energy supply limits. Energy restrictions have also impacted a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous