15
Sep
06:42
Tianfeng Steel shuts down early
Tianjin in northern China is speeding up its plan to shut down steel mills and withdraw capacity. This includes Tianfeng Steel, Zhasan Steel and Giant Heavy Industry.
As of 14 September, Tianfeng Steel’s blast furnaces have all been suspended, which means it completed the shutdown plan half a month in advance, Kallanish notes. Tianfeng Steel had one 580m³ BF and one 630m³ BF, with a combined capacity of 1.83 million tonnes/year of iron. The sh…
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Anonymous
Very good overview of the weekly steel market.
Anonymous