SHANGHAI, Aug. 30 (SMM) - Zongheng Iron&Steel Company plans to stop all production lines on Aug. 31, according to market sources.
The company in Hebei province halted production at blast furnaces on Aug. 29, and will close converter furnaces on Aug. 31. All raw materials will be used up before full closures, and approximately 1.05 million tonnes of strip capacities will exit the market by then.
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: email@example.com or firstname.lastname@example.org.