39 Chinese Steel Makers to Raise HRC Output to 14.46 Million mt in Total in Mar

SHANGHAI, Mar 9 (SMM) - SMM survey showed that the 39 steel makers in China had planned to produce a total of 14.46 million mt of HRC in March, up 872,800 mt from the realised output in February. However, the planned average daily output of HRC drops 3.87% from February to about 466,300 mt. Apparent demand for HRC has risen slightly, and the downstream demand will keep growing.