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Rebar, wire rod production to halt at Jiangxi Pinggang

Industry News 04:48PM Aug 10, 2018 Source:SMM

SHANGHAI, Aug 10 (SMM) – Jiangxi Pinggang Industrials Holdings in Jiangxi province will suspend a blast furnace of 450m³ and another of 1080m³ on Sunday August 12. Following this, all seven operating blast furnaces owned by the company will cease to be in production. 

The plant’s total daily production of rebar and wire rod, estimated at 17,000 mt, will be affected. 

As of Monday August 6, five blast furnaces have been in hot idling mode as the provincial environmental bureau visited the city. 

It remains unclear when the restriction would be lifted, SMM learned. 

Key Words:  Market commentary   Rebar   Wire rods