Home / Metal News / HBIS Tangsteel to put galvanising lines into maintenance

HBIS Tangsteel to put galvanising lines into maintenance

iconApr 1, 2020 15:44
Source:SMM
Tangsteel, a subsidiary of China's biggest steelmaker Hebei Iron and Steel Group (HBIS Group), planned to put its 1# galvanising lines into maintenance for three days from April 1, sources told SMM.

SHANGHAI, Apr 1 (SMM) – Tangsteel, a subsidiary of China's biggest steelmaker Hebei Iron and Steel Group (HBIS Group), planned to put its 1# galvanising lines into maintenance for three days from April 1, sources told SMM.


The maintenance is expected to affect production of galvanised steel by 3,700 mt. 


As of April 1, the national average price of hot-dip galvanised steel stood at 4,645 yuan/mt, 25 yuan/mt lower from March 31 and 110 yuan/mt lower from a week ago. The prices have slipped from a more than nine-month high of 4,870 yuan/mt on March 4. 

 

 

Market commentary
Maintenance
Galvanised steel
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news