The billet rolling mill in Fengrun District of Tangshan City has stopped production from 0:00 on the 19th until the end of the month. According to the calculation, the daily output of section steel has dropped by 61,200 tons from the current level. By then, the operating rate will drop sharply and return to a low level.
This time the billet rolling mill stopped production, the daily demand for upstream billets dropped sharply, and the price support may be weakened. However, considering that the shutdown time is longer, there may be a shortage of resources in the later period, so the price of section steel may decline then increase in the left half of the month.