Home / Metal News / Steel & Iron Ore / Flash: South China stainless steel mill to cut output on losses
Flash: South China stainless steel mill to cut output on losses
Mar 2,2018 14:18CST
industry news
Source:SMM
A stainless steel plant in south China said on Thursday March 1 that it would cut 65% of its output of grade-304 stainless steel in March due to losses, SMM learned.

SHANGHAI, Mar 2 (SMM) – A stainless steel plant in south China said on Thursday March 1 that it would cut 65% of its output of grade-304 stainless steel in March due to losses, SMM learned. The move followed an already lower production of series 300 in February in a bid to stabilise prices. 

In 2017, the company's series 300 stainless steel output accounted for 8-9% of China's production. Its output cut in February and March would account for close to 2% of the country's series 300 stainless steel supply. 

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn

stainless steel

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news