Chinese Production cut notices served on major stainless steel plants

China: Production cut notices served on major stainless steel plants

According to CBC, the major stainless steel mills in China’s Jiangsu, Shandong, Guangdon, Guangxi and other regions have received production restriction notices, requiring the stainless steel mills to strictly implement production cuts. Previously, production reduction was limited to the Guanxi region. It is expected that ferro nickel and stainless steel production would be significantly affected.


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