Chinese steelmakers reduce output further
Jul 30, 2012 | 11:54 AM
| None
Tags
Chinese steel output,
production cuts,
Echeng Iron & Steel,
Tonghua Iron & Steel,
Shougang,
steel
SHANGHAI, China — Several more Chinese steelmakers announced production cuts Monday that are aimed at relieving sales pressure in a weak market.
Echeng Iron & Steel Group Co. Ltd., a member of Wuhan Iron & Steel (Group) Corp., suspended its 2.6-cubic-mile blast furnace, which will reduce output by 60,000 tonnes per month.....
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