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09 Oct
07:51

Yunnan steel mills reduce production on cost pressure

An official notice issued by the Yunnan Steel Industry Association on 7 October indicated that local steel mills had chosen to reduce production due to cost pressures. In October, seven Yunnan steel companies will reduce their construction steel production by approximately 300,000 tonnes in total, Kallanish learns. Among them, Kunming Steel, Yukun Steel, Chenggang and Shuangyou each plan to reduce their production by 100,000t, 120,000t, 50,000t and 20,000t re…
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