11
Aug
11:47
Yili Steel resumes operations after downturn
China's Yili Steel in Xinjiang Province has resumed production following a market downturn. The mill stopped production in June along with numerous other mills in Xinjiang due to sluggish market demand, high inventories and falling steel prices, Kallanish notes.
Yili Steel is now running two 530 cubic-metre blast furnaces, with a combined capacity of 3,400 tonnes/day. The rebar rolling mill also resumed production with daily output of over …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous