Check with seller Experimental electric furnace, Japanese electric furnace steelmaker reduced production

Published date: May 7, 2020
Views: 5

   In response to the rising cost of raw materials and to help boost product prices, iron and other electric furnace steelmakers are reducing output.
     The report pointed out that steel producers usually reduce production when demand is weak, but these producers still decide to reduce production when demand is strong because they must tighten supply and raise product prices to resist the effect of scrap prices. Currently, scrap prices continue to rise and have reached their highest level in nearly 30 years.
     The report pointed out that this month, ironmaking began to cut production by about 10%. Other producers that have cut production or plan to cut production include Kyoei Steel, Datong Special Steel, and Aichi Steel. When you buy an experimental electric stove, you choose a card.
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Dr Ing Friedhelm Khn
Metallic materials and heat treatment
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