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15 Jan
13:33

Shandong steel mills halt production

Steel mills in China's Shandong Province have reduced production to lower market pressure as demand in the north has weakened. Frequent pollution, suspended construction sites and restricted transportation have caused inventories at major steel mills in Shandong to rise, Kallanish notes. Market research shows that only one of eight major construction steel producers in Shandong has no plans to reduce production in the short term. Some of the other st…
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