Tangshan postpones Sept cuts to discuss details

SHANGHAI, Sep 4 (SMM) – Tangshan municipal authorities postponed production curbs for September by temporarily withdrawing the statement issued on the morning of Monday September 3. There are more details to be determined in the fresh round of cuts, the authorities said.

The statement on Monday required all steel mills and other industrial enterprises to continue the previous round of month-long cuts into September. The previous cuts were slated to end on August 31.

SMM does not expect the limitations this month to ease from August. Major steel mills in Tangshan have returned to operation as of Tuesday September 4, SMM learned.