Handan Iron & Steel to Close 2 or 3 Blast Furnaces for 4 Months

SHANGHAI, Sept. 26 (SMM) – It is rumored that Handan Iron & Steel will stop operations at its 2 or 3 blast furnaces from October 1.

The closure, including one 1,000 m3 blast furnace, and one or two 3,200 m3 blast furnaces, will last for 4 months.

Supply of bar, medium plate, hot-rolled and pickled products will fall from next month following the closure. All old production lines of medium plate will be closed, and supply of hot-rolled products will be within 30,000 tonnes.

The closure has not been confirmed by the company, but there is a high possibility of being true.

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