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Home / Metal News / Maintenance at Shagang to affect rebar output

Maintenance at Shagang to affect rebar output

Jun 5, 2018 15:02

Source:SMM

Some 40,000 mt of output of rebar with diametres of 20-25 mm will be affected as Jiangsu Shagang undertakes maintenance on one of its rolling lines from June 20

SHANGHAI, Jun 5 (SMM) – Some 40,000 mt of output of rebar with diametres of 20-25 mm will be affected as Jiangsu Shagang undertakes maintenance on one of its rolling lines from June 20, SMM learned.

Maintenance is estimated to last till June 29, SMM learned.

Shagang, the largest, private steel company in China, produced 36.93 million mt of steel products in 2017. China's total output of steel products stood at 1,048 million mt last year.

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China steel rebar inventories continued to accelerate increases this week.

Jan 22, 2021 11:00

Analysis

China steel rebar inventory continued to post faster increase on week

Long steel social inventories in Guangzhou fell 0.56% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 0.56%, or 7,400 mt, in the week ended August 12 to 1.31 million mt, showed SMM data. The stocks were 50.75% higher than the same period last year.

Aug 12, 2020 18:13

Analysis

Long steel social inventories in Guangzhou fell 0.56% on week

Long steel social inventories in Guangzhou extended declines

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 3.84%, or 52,600 mt on week but surged 40.98% on year to 1.32 million mt as of August 5, showed SMM data.

Aug 5, 2020 16:18

Analysis

Long steel social inventories in Guangzhou extended declines

Long steel inventories in Guangzhou slowed decline as supply recovered

That marked the fifth consecutive week of decline, driven by the release of pent-up demand after the rainy season. However, the slide slowed down from a drop of 5.86%, or 86,100 mt, in the previous week, as production from EAF steel mills rebounded and an escalation in US-China relations weighed on market sentiment and depressed speculative demand.

Jul 29, 2020 16:40

Analysis

Long steel inventories in Guangzhou slowed decline as supply recovered

Long steel social inventories in Guangzhou edged down 500 mt on week

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Jul 16, 2020 14:42

Analysis

Long steel social inventories in Guangzhou edged down 500 mt on week

Scheduled rebar production down 2% in July as wet season dampened demand in east, central south China

Planned output of construction steel rebar across China’s major blast furnace steelmakers in July decreased as expected, by 2% from the realised production in June to 9.07 million mt, showed an SMM survey.

Jul 13, 2020 16:07

Analysis

Scheduled rebar production down 2% in July as wet season dampened demand in east, central south China

Maintenance impact on long steel output will continue to ease in June

Most steelmakers in China continued to maintain full operations and the impact of maintenance on output will further reduce from a month ago in June, driven by existing profits of rebar.

Jun 18, 2020 16:54

Analysis

Maintenance impact on long steel output will continue to ease in June

Benxi Iron & Steel to cut cold-rolled steel output in May due to maintenance, losses

Output of cold-rolled steel (including galvanised steel) at Benxi Iron & Steel is expected to reduce 158,000 mt in May as the steelmaker plans to put a cold rolling mill into maintenance this month, sources told SMM.

May 14, 2020 11:22

Reminder

Benxi Iron & Steel to cut cold-rolled steel output in May due to maintenance, losses

Scheduled rebar production up 15% in May, but strong demand will support spot prices

Planned output of construction steel rebar across China’s major blast furnace steelmakers in May rose 15.24% from the planned production in April to 9.16 million mt, on the back of steelmakers return from maintenance and diverted capacity to rebar in the chase of higher profits, showed an SMM survey.

May 12, 2020 16:26

Analysis

Scheduled rebar production up 15% in May, but strong demand will support spot prices

EAF operating rates to halt rally in May as rising steel scrap prices lift costs

Chinese electric arc furnace (EAF) steelmakers operating rates continued to edge higher as of early May, driven by the resumption of producers in central China as the spread of the coronavirus has stalled. However, the rally in operations will be constrained due to a surge in feedstock steel scrap prices.

May 9, 2020 13:29

Analysis

EAF operating rates to halt rally in May as rising steel scrap prices lift costs

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Maintenance at Shagang to affect rebar output

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