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Home / Metal News / Two Steel Plants in Tangshan Close for Environmental Factor, Market Rumors

Two Steel Plants in Tangshan Close for Environmental Factor, Market Rumors

iconAug 11, 2017 11:27
Source:SMM
Market rumors that two steel plants in Tangshan have suspended production due to environmental factor. 

SHANGHAI, Aug. 11 (SMM) – Market rumors that two steel plants in Tangshan have suspended production due to environmental factor. 

The two mills are small ones, and one of them source billet from market for production needs, which will reduce billet demand. 

SMM Interpretation of China Crazy Steel Rise Following CISA Meeting

Its impact on steel billet, however, is expected to be small due to sufficient supply, SMM foresees. 

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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