One Steel Mill in Guangxi to Cut Hot-Rolled Coil Output by 30% amid Dual Energy Consumption Control

SHANGHAI, Sep 28 (SMM) - Affected by the dual control of energy consumption and the power rationing policy, a steel mill in Guangxi will reduce its hot rolled coil output by about 30% in October, and the same proportion of customer orders for the month will be adjusted, according to SMM.

It is understood that in September, the company's hot rolled coil output was reduced by nearly 20% compared to the normal level.

It is expected that the hot rolled coil output in October will fall by 30% from the normal level.