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[SMM News] Tangshan informed iron and steel enterprises to stop production restrictions and boost thread opening by more than 3 per cent.
Jun 24,2019 10:24CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM6 24-month news: today's opening thread rose, as of 10:00 in the morning, at 3944 yuan / ton, an increase of nearly 3.4 per cent. Recently, thread prices have been rising, rising for five consecutive days since June 18, breaking through all averages at 10: 3944 yuan / ton today, up 212 yuan / ton, or 5.7 per cent, from 3732 yuan / ton five days ago. In terms of hot rolls, it also soared by nearly 4.7 per cent.

It is reported that on June 22, members of the standing Committee of the Tangshan Municipal Committee issued a "report on the Air quality of the whole City," which said that from 1 to 20 June, the Tangshan composite index rose by 11.65 percent instead of falling, ranking first among 168 cities in the country. The specific reasons include unfavorable meteorological conditions, limited production and no reduction in production, and so on. The next step will be to increase the intensity of emission reduction and stop production. Since July, the performance evaluation of Class A iron and steel enterprises sintering machine (pellets), blast furnace, converter production limit of 20%; other steel enterprises limited production rate of not less than 50%.

"Click to view the full text of Tangshan City's report on Air quality in the whole City"

In addition, Tangshan issued a "notice on stopping production restrictions for iron and steel enterprises in the city," which mentioned that it would increase the efforts of iron and steel enterprises to stop production and replace production capacity to stop production on time.

"Click to see the full text of Tangshan" notice on stopping production restriction of Iron and Steel Enterprises in the whole City

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