Benxi Iron & Steel to cut cold-rolled steel output in May due to maintenance, losses_SMM

Compliance Centre Products About Us Contact Us

English

English 中文

News

Non-ferrous

Base metals

Minor metals

Precious metals

Scrap metals

Rare earth

Steel

Coke Iron Ore Pig Iron Finished Steel Stainless Steel

New Energy

Cobalt Lithium Ternary Precursor and Material Chemical compound

Price News Publication Database Events Consulting

Publication Database Events Consulting SMM APP Compliance Centre About Us SMM Credit Service Contact Us What We Do?

Home / Metal News / Steel & Iron Ore / Benxi Iron & Steel to cut cold-rolled steel output in May due to maintenance, losses

Benxi Iron & Steel to cut cold-rolled steel output in May due to maintenance, losses

May 14,2020 11:22

CST

company news

Source:SMM

Output of cold-rolled steel (including galvanised steel) at Benxi Iron & Steel is expected to reduce 158,000 mt in May as the steelmaker plans to put a cold rolling mill into maintenance this month, sources told SMM.

SHANGHAI, May 14 (SMM) – Output of cold-rolled steel (including galvanised steel) at Benxi Iron & Steel is expected to reduce 158,000 mt in May as the steelmaker plans to put a cold rolling mill into maintenance this month, sources told SMM.

Production losses of cold-rolled steel products and weakened orders may also account for the reduction in output.

Market commentary

Maintenance

Steel plant

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Most steelmakers in China continued to maintain full operations and the impact of maintenance on output will further reduce from a month ago in June, driven by existing profits of rebar.

Jun 18, 2020 16:54 timezone

CST

data analysis

Maintenance impact on long steel output will continue to ease in June

Maintenance at steel mills in Tangshan, Wuhan to impact HRC output in May

Tangshan Fengnan Zongheng steel plant plans to put its 1780mm rolling lines into maintenance for 13 days from May 10, and this could impact hot-rolled coil output by 195,000 mt during the period, according to sources.

May 9, 2020 14:07 timezone

CST

company news

Maintenance at steel mills in Tangshan, Wuhan to impact HRC output in May

Spot copper premiums fell on further rally in futures, cautious buyers

Sellers of spot copper cathode cut offers on the morning of Friday May 8 as they were keen to cash in while a further rally in copper futures sidelined downstream consumers.

May 8, 2020 14:22 timezone

CST

price review & forecast

Spot copper premiums fell on further rally in futures, cautious buyers

Tightening supply to deter copper scrap discount from further widening

Stringent coronavirus containment measures imposed by world authorities in March began to take their toll on supply of imported copper scrap in China, which accounts for about 60% of copper scrap consumption in the country, showed the latest SMM survey.

Apr 20, 2020 12:35 timezone

CST

smm insight

Tightening supply to deter copper scrap discount from further widening

Cobalt, lithium prices remained under pressure from sluggish demand

Demand remained subdued in China’s cobalt market last week while a handful of consumers purchased as required. The market may find some near-term support from the extended national lockdown of South Africa, which will last until end April and aim to curb the COVID-19 pandemic.

Apr 14, 2020 16:43 timezone

CST

price review & forecast

Cobalt, lithium prices remained under pressure from sluggish demand

China Southern Power Grid to invest 25.1 billion yuan for charging facilities construction in 4 years

The state-owned China Southern Power Grid company has planned to accelerate its investment in new energy vehicle charging facilities in the coming years, as part of the move to develop "new infrastructure" projects for boosting sustainable growth of the economy.

Apr 2, 2020 16:50 timezone

CST

industry news

China Southern Power Grid to invest 25.1 billion yuan for charging facilities construction in 4 years

A Chinese copper smelter entered month-long maintenance for April

A copper smelter in south-west China has put its facilities into month-long maintenance as scheduled, sources told SMM.

Apr 2, 2020 14:43 timezone

CST

industry news

A Chinese copper smelter entered month-long maintenance for April

Over 85% of companies in Wuhan have resumed business

The work resumption rate for businesses in Wuhan, Hubei province, the epicentre of the COVID-19 in China, has increased to 85.4%, with the resumption rate for workers reaching 40.4%, said local authorities on Wednesday April 1.

Apr 2, 2020 10:28 timezone

CST

industry news

Over 85% of companies in Wuhan have resumed business

HBIS Tangsteel to put galvanising lines into maintenance

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.

Apr 1, 2020 15:44 timezone

CST

company news

HBIS Tangsteel to put galvanising lines into maintenance

High premiums sidelined spot copper downstream consumers

Trades of spot copper in Shanghai moderated from the previous day on the morning of Wednesday April 1 as downstream consumers and traders hesitated over the elevated premiums and futures prices and slowed purchases.

Apr 1, 2020 14:16 timezone

CST

price review & forecast

Related news