Benxi Juxinda to decrease S.G. cast iron output

BEIJING (Asian Metal) 8 Apr 24 - Benxi Juxinda Machinery Manufacturing Co.Asian Metal Copyright "Because of decreased orders, we might just produce about 60,000t of S.Asian Metal Copyright (Benxi Juxinda), a major S.Asian Metal CopyrightG.Asian Metal CopyrightG.Asian Metal CopyrightG.Asian Metal Copyright cast iron producer in Liaoning, would reduce the production to about 60,000t in April, said a source of the company.

"Because of decreased orders, we might just produce about 60,000t of S.G.Asian Metal CopyrightBEIJING Asian Metal 8 Apr 24 - Benxi Juxinda Machinery Manufacturing Co.Asian Metal Copyright cast iron in April, down by around 5,000t MoM," explained the source.Asian Metal Copyright "Because of decreased orders, we might just produce about 60,000t of S.Asian Metal Copyright According to him, they still have zero inventory in hand now, unchanged from last month.

Based on the annual production capacity of about 750,000t, the company produced around 450,000t of S.G.Asian Metal Copyright Insiders expect Chinese S.Asian Metal Copyright cast iron last year and about 183,000t in Q1 of this year.

The present mainstream prices of S.G. cast iron Q10 hover at RMB3,100-3,150/t (USD429-435/t) Inc-VAT EXW D/P in Benxi, down by RMB50/t (USD7/t) compared with those of last week.Asian Metal CopyrightG.Asian Metal Copyright Insiders expect Chinese S.Asian Metal Copyright Based on the annual production capacity of about 750,000t, the company produced around 450,000t of S.Asian Metal CopyrightG.Asian Metal Copyright .Asian Metal Copyright cast iron prices to go down further in the coming week on soft demand and decreased raw material prices.



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