05
Sep
04:18
Shanghai stainless steelmaker to relocate equipment
Shanghai Baosteel Stainless Steel Company is preparing to transfer its physical assets. Baosteel Stainless ended production in June 2018 as Shanghai moved to reduce steelmaking located in the city, Kallanish notes.
Baosteel Stainless plans to transfer several production lines, including a 1,630mm carbon steel hot strip mill with 1.4 million tonnes/year capacity, and a 1,600mm stainless strips mill with 200,000 t/y capacity. The assets also include a&nb…
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Very good overview of the weekly steel market.
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