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13 Apr
08:18

Sichuan EAF mills halt production on losses

Electric arc furnace (EAF) steel mills in southwest China's Sichuan province have announced joint output cuts as they plunge into operating losses. According to the latest market data, Sichuan Changfeng Iron & Steel will suspend a rebar production line starting this Friday, while Sichuan Luzhou Iron & Steel will cut construction steel production by half during 22-26 April. The remaining Sichuan EAF steel mills are also expected to shorten pro…
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