Tangshan confirms extension of production cuts to Sep

Tangshan will extend previous production cuts, which were slated to end on August 31,?to September. This is?according to a statement by the municipal government on Wednesday September 5, after it withdrew the previous announcement on Tuesday to discuss further details.限产

The new statement includes some revisions to traffic restrictions.

All steel mills and other industrial enterprises will follow cut proportions similar to, or more than, cuts in August. Meanwhile, municipal authorities will detail plans for production outside peak operating hours, by?September 20. The plans will target steel, transportation, and other key sectors, and will take effect from?October 1.

Mills that recovered production are also required to suspend or cut capacity of other facilities accordingly, we learned.

Source: SMM