Tag: China’s HRC output hits 2-month low on production curbs
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China’s HRC output hits 2-month low on production curbs
Over February 3-9, total production of hot-rolled coil (HRC) among the 37 Chinese flat steelmakers under Mysteel’s tracking reached a two-month low of 3 million tonnes, mainly due to the production curbs among steel producers in North China, according to market sources. During the latest survey period, HRC output lost 113,400 tonnes or 3.7% on…