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Shanghai steel futures extended the upward momentum to trade around CNY 5,800 a tonne in late September, the highest since mid-May and getting close to a record of CNY 6198 hit earlier this year. Environmental curbs in China’s Jiangsu and Zhejiang provinces hit steel mills, with production falling in September and August as the top producer is attempting to reach carbon neutrality by 2060

21/8/2021 · That is up 20.2 percent from the 56,304,000 net tons during the same period last year, when the capability utilization rate was 66.8 percent. Broken down by districts, here’s production for the week ending September 18, 2021 in thousands of net tons: North East: 176; Great Lakes: 641; Midwest: 205; Southern: 776 and Western: 76 for a total of 1874.

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