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

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

SMM Insight 11:27:39AM Aug 11, 2017 Source:SMM

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. 

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

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

SMM Insight 11:27:39AM Aug 11, 2017 Source:SMM

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. 

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