Iron ore miners in Xingtai suspend operations during China ‘two sessions’

Published: May 21, 2020 11:34
Iron ore miners in Xingtai, north China’s Hebei province, have again halted operations following they restarted work in early May, as the local government tightened up controls on explosives-related companies to guarantee safety and air quality during the convening of China's “two sessions”.

SHANGHAI, May 21 (SMM) – Iron ore miners in Xingtai, north China’s Hebei province, have again halted operations following they restarted work in early May, as the local government tightened up controls on explosives-related companies to guarantee safety and air quality during the convening of China's “two sessions”. 

 

The closure is estimated to impact domestic iron ore production by 20,000-30,000 mt/day. 


SMM learned that the production of raw iron ore in Xingtai stood at 1.7 million mt in 2019, down 13.6% on the year, with output of iron ore concentrate less than 1 million mt.  


Explosives-related iron ore mining companies such as Jindi Lianban, Xigequan, Zhongguan, Henghui and Taihang were in this round of safety inspections. 


China’s political two sessions, which was delayed this year due to the coronavirus outbreak, will be held on May 21-22 to showcase the country’s return to normalcy following the pandemic.

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Iron ore miners in Xingtai suspend operations during China ‘two sessions’ - Shanghai Metals Market (SMM)