15
Mar
07:51
Handan tightens its steel production restrictions
China’s Handan city is upgrading its steel production restrictions step-by-step, reports indicate. By 15 March, around three quarters of steel producers had stopped production and the remainder are producing according to the existing -50% restrictions. Steel futures have rebounded on the news after a few days of slide, Kallanish notes.
In February Handan announced it would extend the -50% blast furnace restriction to the end of March due to …
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Anonymous
Very good overview of the weekly steel market.
Anonymous