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12 Feb
02:23

Valin sets production target for 2020

Valin Steel in China’s Hunan province says it is maintaining normal operations even as many smaller mills have faced shortages of raw materials. It has released its 2020 target for steel production at 24-25 million tonnes, roughly level on-year, Kallanish notes. Its inventory level has increased to 310,000 tonnes, it says. Orders in hand for plate will last to the end of March, and for sheet to the beginning of March. The company only has ten …
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