Countdown to the Expo! The time of production restriction for steel mills with limited construction since the 23rd in Shanghai has not yet been determined.-Shanghai Metals Market

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Countdown to the Expo! The time of production restriction for steel mills with limited construction since the 23rd in Shanghai has not yet been determined.

Translation 04:30:09PM Oct 22, 2018 Source:SMM

The first China International Import Expo (hereinafter referred to as "Import Expo") will be held at the Shanghai National Convention and Exhibition Center from November 5 to 10.

From 29 October to 11 November, the construction of all construction sites in Jinbo safety circle for 2 to 5 kilometers was temporarily suspended. (see Annex for details)

It is understood that only the Shanghai area has received the relevant notification, whether the restricted area will be expanded is still unknown. At the same time, according to the understanding of SMM Iron and Steel, at present, steel mills in Shanghai have not yet received the notice of production restriction, and the surrounding steel mills SG and YG have received relevant production restriction documents, but the execution time has not yet been determined, and it is expected that there will be a double limit between supply and demand in the later period. SMM Steel will continue to follow up on the investigation.

Countdown to the Expo! The time of production restriction for steel mills with limited construction since the 23rd in Shanghai has not yet been determined.

Translation 04:30:09PM Oct 22, 2018 Source:SMM

The first China International Import Expo (hereinafter referred to as "Import Expo") will be held at the Shanghai National Convention and Exhibition Center from November 5 to 10.

From 29 October to 11 November, the construction of all construction sites in Jinbo safety circle for 2 to 5 kilometers was temporarily suspended. (see Annex for details)

It is understood that only the Shanghai area has received the relevant notification, whether the restricted area will be expanded is still unknown. At the same time, according to the understanding of SMM Iron and Steel, at present, steel mills in Shanghai have not yet received the notice of production restriction, and the surrounding steel mills SG and YG have received relevant production restriction documents, but the execution time has not yet been determined, and it is expected that there will be a double limit between supply and demand in the later period. SMM Steel will continue to follow up on the investigation.