Spanish group Acerinox announced it will cut production and put 85% of its workforce back on reduced time for at least 15 days. Italian steel mill Acciai Speciali Terni also urgently held a crisis meeting to discuss production cuts or closures.
As a result, European stainless steel plants are reducing or completely shutting down production, affecting millions of production capacities.
So are you ready to make your purchase plan from China?
Post time: Sep-01-2022