Northern Chinese steelmakers face production cuts to ensure clean air for key political summit
Northern Chinese steel mills will cut output by 30 percent starting March 4. This measure aims to ensure clean air for the upcoming parliamentary sessions.
Certain northern Chinese steel mills in China 
CN have been notified to cut blast-furnace production by no less than 30 percent from March 4 to March 11. Analysts and consultancies indicate that this mandated reduction, which begins one day before the annual parliamentary meeting starts on March 5, is likely to tighten near-term supply and support steel prices as it coincides with the seasonal restart of construction-led demand. This sector-level measure was announced to ensure clean air during the high-profile political gathering.
CN have been notified to cut blast-furnace production by no less than 30 percent from March 4 to March 11. Analysts and consultancies indicate that this mandated reduction, which begins one day before the annual parliamentary meeting starts on March 5, is likely to tighten near-term supply and support steel prices as it coincides with the seasonal restart of construction-led demand. This sector-level measure was announced to ensure clean air during the high-profile political gathering.
