26
Feb
02:50
Shiheng and Yongfeng cut steel production
Chinese steelmakers, such as those in Shaanxi, Shanxi, Sichuan and Gansu provinces, are intending to reduce production in the face of limited transport, high inventories and falling sales prices. Shandong steelmakers, including Shiheng Special Steel and Yongfeng Group, have now also implemented output reductions, Kallanish notes.
Shiheng and Yongfeng Group have now implemented more restrictions on output after margins were reduced. The average outpu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous