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15 Mar
11:23

Production restrictions hit Hebei's scrap purchases

Although short-term production restrictions in Tangshan have been lifted, restrictions have caused Hebei steel mills to reduce their demand for scrap, Kallanish notes. Market research shows most steelmakers' blast furnaces are still not fully operating, and the time for full resumption of production has yet to be determined. Cities in northern China have been hit by severe sandstorms since Monday, making it harder for steel mills to resume …
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