8th World Antimony Forum
TBD
Guiyang, Guizhou, China
12th Rare Earth Summit
TBD
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
TBD
Hangzhou, Zhejiang, China
9th Magnesium Summit
TBD
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
TBD
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
Japan's steel industry head urges Chinese manufacturers to cut output
2020-02-28 14:10:58 【Print】
Chinese steelmakers should cut production to reflect weakening demand from manufacturers amid a coronavirus outbreak as steel inventories climb in the world's biggest steel producer, the head of Japan's steel industry said on Thursday.
China's crude steel output rose 7.2% in January from a year earlier, despite an extended holiday for Lunar New Year celebrations and curbs to rein in the virus.
And stockpiles of rebar, stainless steel and other products have built up dramatically in China after the epidemic stalled many construction projects and kept factories shut for weeks.
"We are aware that the steel stockpile in China is rapidly rising," said Yoshihisa Kitano, the chairman of the Japan Iron and Steel Federation. "We want to warn that Chinese steel mills should adjust their output to reflect declining manufacturing activities," he said.
Kitano, who is also president of JFE Steel, a unit of JFE Holdings, said his company has cut its shipments of automotive steel as Japanese automakers slowed output in China, as well as in Japan, due to lack of auto parts made in China. But Japanese steelmakers are seeing no impacts yet on their exports to Southeast Asia, he added.
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China's crude steel output rose 7.2% in January from a year earlier, despite an extended holiday for Lunar New Year celebrations and curbs to rein in the virus.
And stockpiles of rebar, stainless steel and other products have built up dramatically in China after the epidemic stalled many construction projects and kept factories shut for weeks.
"We are aware that the steel stockpile in China is rapidly rising," said Yoshihisa Kitano, the chairman of the Japan Iron and Steel Federation. "We want to warn that Chinese steel mills should adjust their output to reflect declining manufacturing activities," he said.
Kitano, who is also president of JFE Steel, a unit of JFE Holdings, said his company has cut its shipments of automotive steel as Japanese automakers slowed output in China, as well as in Japan, due to lack of auto parts made in China. But Japanese steelmakers are seeing no impacts yet on their exports to Southeast Asia, he added.
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