Hebei’s Bazhou suspends acid pickling, likely to tighten galvanised steel strip supplies-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Copper
  • Copper scrap
  • Steel
  • Market commentary
  • Lead
  • Nickel
  • Alumina
  • Morning comments
  • price
  • Stainless steel
  • Production data
  • Inventory data
  • Futures movement

Hebei’s Bazhou suspends acid pickling, likely to tighten galvanised steel strip supplies

Industry News 03:11:49PM Mar 07, 2019 Source:SMM

SHANGHAI, Mar 7 (SMM) – Bazhou city of Hebei province ordered all acid pickling facilities across the region to suspend from Thursday March 7.

SMM learned that many steel mills in the region have received the notice and stopped their rolling lines, and that over 90% of acid pickling plants in the region have suspended operation.

This is likely to tighten supplies of galvanised steel strips.

It remains unknown when those plants can resume.

Key Words:  Operation update   Steel 

Price

more
62% Fe Fines (Qingdao Port): IOPI62
May.20
727.0
-2.0
(-0.27%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
May.20
97.5
-0.5
(-0.47%)
58% Fe Fines (Qingdao Port): IOPI58
May.20
629.0
5.0
(0.80%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
May.20
84.7
0.6
(0.65%)
65% Fe Fines (Qingdao Port): IOPI65
May.20
820.0
7.0
(0.86%)

Hebei’s Bazhou suspends acid pickling, likely to tighten galvanised steel strip supplies

Industry News 03:11:49PM Mar 07, 2019 Source:SMM

SHANGHAI, Mar 7 (SMM) – Bazhou city of Hebei province ordered all acid pickling facilities across the region to suspend from Thursday March 7.

SMM learned that many steel mills in the region have received the notice and stopped their rolling lines, and that over 90% of acid pickling plants in the region have suspended operation.

This is likely to tighten supplies of galvanised steel strips.

It remains unknown when those plants can resume.

Key Words:  Operation update   Steel