CAMELSTEEL forests that steel prices will be recovery and keep the up-trend in 2017.
Due to the heavy haze pollution, many blast furnaces halt production and upgrade to the production limitation. Besides, banking for blast furnaces and production halts in Wuan become very common. It shows that over 10 steel factories have banked for blast furnaces, especially those produce wire rods and proximate matters. Many iron factories in the areas of Beijing, such as Tangshan, Hnadan, Wuan and Tianjin, have halted production. And it makes great influence for the steel output.
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