Jiangsu Province-based Chinese steelmaker Jiangsu Yonggang Group Co., Ltd. will carry out maintenance on a quality bar production line starting from the end of June. The maintenance work is expected to last for 15 days.
Bar production is estimated to be reduced by approximately 30,000 mt during the given period.
Yonggang Group has an annual steel production capacity of 10 million mt. It is a major producer of longs and high-quality special steel in China.