Six Chinese steel producers including China Baowu Steel Group (Baowu) and Hebei Iron & Steel Group (HBIS) are listed among the world’s top ten steel producers in terms of their 2019 crude steel production, the same number included in the 2018 ranking, according to tables released by the World Steel Association (WSA) on June 3.
Nippon Steel, Japan’s largest integrated mill, has delayed the banking of No.2 furnace at its Kimitsu works near Tokyo by about a month until mid-June, as it has not been able to fulfill the signed contracts by mid-May, the company’s spokeswoman explained on June 4.
Despite a formal government notice circulated in the market on May 30, none of the 21 steel mills in Tangshan of North China’s Hebei province have been carrying out a range of 20%-50% cuts on their sintering, pelletizing and blast furnace capacities as speculated by June 2, local industry sources confirmed.
China’s local authorities are not ready to surrender and admit their failure to achieve the 60% consolidation target in China’s steel industry by 2020 mainly via mergers and acquisitions even though there are only eight months for them to work towards the ambition and despite that China’s top ten steel mills contributed to only 36.6% of the country’s 996 million tonnes of crude steel output for 2019.
In response to steep decline in domestic steel demand, Nippon Steel, Japan’s largest integrated steel mill, announced on May 8 to bring forward the banking of another blast furnace and a furnace relining both to July from the originally-planned dates, which may cut off another 220,000 tonnes/month steel output.
Yoshihisa Kitano, chairman of the Japan Iron & Steel Federation (JISF) and president of JFE Steel, warned that Japan’s steel demand in April-June would run into “an unprecedented difficult period”, and it is important to adjust the output in accordance with the actual demand, according to a JISF statement in Japanese on April 24.
Tangshan city, China’s top steel producing city in North China’s Hebei province, is promoting the development of its coastal Caofeidian district on the city’s southern outskirts, unveiling plans on April 20 that include the establishment of a 20 million tonnes/year production base for high quality steel, with more mills being encouraged to relocate there from the city centre, Mysteel Global has learned.
Rizhao Steel Holding Group Co (Rizhao Steel), a privately-owned steel producer in East China’s Shandong province, plans to commission its fifth Endless Strip Production (ESP) line to expand the steel producer’s hot-rolled coil/strip capacity to 12.5 million tonnes/year, a company official confirmed on April 16.
North China’s Hebei province produced 241.6 million tonnes of crude steel in 2019, contributing 24.2% to the country’s total and maintaining its position as the top steel-producing base among 31 Chinese provinces, municipalities and autonomous regions, according to recent statistics from China’s National Bureau of Statistics (NBS).
Baosteel Desheng Stainless Steel Co (Desheng) will probably not be able to commission its 1,780mm hot rolling mill on September 28 as per schedule in Fuzhou city, Southeast China’s Fujian province because of the outbreak of the novel coronavirus disease (COVID-19), a company official disclosed on February 27.
在中国 - 印尼合资PT德鑫钢铁印度尼西亚（德信钢）自爆，在第一一对在其在印尼Morowali工业园（IMIP）在中苏拉威西省钢厂1,780立方米高炉2月21日近两年后years of construction, according to a release the same day from WISDRI Engineering & Research Incorporation (WISDRI), the project’s building contractor.
As of February 13, nearly 60% of Chinese steel producers had resumed operations after the Chinese New Year (CNY) holiday over January 24-February 2, but the production status varies widely among the three different types of steel producers, according to Mysteel’s latest investigation across 231 domestic steel mills.