Rumors Say Delong to Start Stainless Steel Production-Shanghai Metals Market

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Rumors Say Delong to Start Stainless Steel Production

Industry News 11:26:32AM May 03, 2017 Source:SMM

SHANGHAI, May 3 (SMM) – Rumors heard that Jiangsu Delong Nickel Industry will restart its stainless steel production in the near term. 

The to-be-restarted capacity was rumored to be #300 stainless steel, with capacity of 2 million tonnes. 

Another 8 Chinese Stainless Steel Plants Announce to Cut Output in May after Tsingshan

The company shut down the production line last December for failing to pass environmental protection inspections. Earlier, it was heard that the company planned to put online the line this April, but delayed the restart after being tipped-off. 

The project was commissioned in late November, 2015, and utilization rates were around 80 percent before the shutdown.  

Recently, some domestic stainless steel mills announced cut plans amid the sluggish market.  

SMM will follow up its development. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or limited. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Rumors Say Delong to Start Stainless Steel Production

Industry News 11:26:32AM May 03, 2017 Source:SMM

SHANGHAI, May 3 (SMM) – Rumors heard that Jiangsu Delong Nickel Industry will restart its stainless steel production in the near term. 

The to-be-restarted capacity was rumored to be #300 stainless steel, with capacity of 2 million tonnes. 

Another 8 Chinese Stainless Steel Plants Announce to Cut Output in May after Tsingshan

The company shut down the production line last December for failing to pass environmental protection inspections. Earlier, it was heard that the company planned to put online the line this April, but delayed the restart after being tipped-off. 

The project was commissioned in late November, 2015, and utilization rates were around 80 percent before the shutdown.  

Recently, some domestic stainless steel mills announced cut plans amid the sluggish market.  

SMM will follow up its development. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or limited. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.