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30 Jul
03:53

Chinese 201 series stainless market goes cold

According to market sources, a number of Chinese stainless steelmakers have decided to carry out maintnance in order to limit production of series 201 stainless steel. This is primarily because of a weak market, Kallanish notes. Xinjinhui Stainless Steel Company plans to start refurbishment of a blast furnace in September. The work is estimated to last for one month, which could impact 20,000-30,000 tonnes of production. Series 201 produ…
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