Dual control policy to reduce 3 million mt of steel output in Jiangsu

Tuesday, 28 September 2021 15:53:55 (GMT+3)   |   Shanghai
       

Jiangsu Provincial Iron and Steel Industry Association and the Provincial Iron and Steel Service Industry Association jointly held a symposium on supply and demand situation of the steel market on September 26. During the event, it was said that the supply of steel will be reduced by 3 million mt in Jiangsu Province in September as 70 percent of production lines have been affected due to the dual control of energy consumption and energy intensity.

It is expected that production rates of steel industry in Jiangsu Province will unlikely to improve until October 7 and there are possibilities that restrictions may continue in October, though no official statements have been issued yet.


Similar articles

MOC: Average steel prices in China down slightly during Mar 18-24

28 Mar | Steel News

Chinese steel pipe export offer prices edge down slightly

27 Mar | Tube and Pipe

Chinese steel enterprises’ gross losses total RMB 14.61 billion in Jan-Feb

27 Mar | Steel News

Chinese manganese ore prices mostly remain stable, with some downticks  

27 Mar | Scrap & Raw Materials

Ex-China stainless steel prices edge down

26 Mar | Flats and Slab

China’s coking coal imports up 36.52 percent in January-February

26 Mar | Steel News

CISA mills’ daily steel output down 0.51 percent in mid-March

26 Mar | Steel News

Ex-China steel plate prices down slightly despite stronger local market

25 Mar | Flats and Slab

Silicomanganese prices in local Chinese market - week 13, 2024

25 Mar | Scrap & Raw Materials

NBS: Local Chinese rebar prices down 5.0 percent in mid-March

25 Mar | Steel News