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Home / Metal News / Structural changes at steel plant as profits of #300 series decline

Structural changes at steel plant as profits of #300 series decline

Mar 19, 2018 15:58

Source:SMM

As profits of #300 stainless steel declined, a plant in north-west China cut output of the series and planned to produce more #400 stainless steel instead, SMM learned.

SHANGHAI, Mar 19 (SMM) – As profits of #300 stainless steel declined, a plant in north-west China cut output of the series to produce more #400 stainless steel, SMM learned.

This brings output of #300 stainless steel output to stand at 30,000-40,000 mt per month while that of #400 stands at 60,000 mt per month. Production of the two were the same last year when #300 stainless steel saw healthy profit margins.

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