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East China stainless steel plant likely to resume production at end-Jun

iconJun 21, 2018 14:02
Source:SMM
A plant in east China that produced #200 stainless steel is likely to resume production at the end of June

SHANGHAI, Jun 21 (SMM) – A plant in east China that produced #200 stainless steel, with an integrated production of low-grade nickel pig iron (NPI) and stainless steel, is likely to resume production at the end of June, after it recently began to procure ore with a high iron, low nickel content, SMM learned.

Ooutput of 80,000 mt of the #200 series was affected after the plant suspended production on environmental concerns in April.

SMM believes the resumption is likely to impact prices of #200 stainless steel.

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