Tangshan, China’s top steel production hub, said on Monday it would launch a level 2 emergency response after heavy air pollution was forecast for this week. Handan, another major steel city, implemented similar curbs on March 17.
Benchmark 62% Fe fines imported into Northern China fell 3.22%, to $126.75 per tonne.
“Some steel mills (in Tangshan) will reduce their sintering capacity between 30% and 50%,” said Wu Yuling, a Shanghai-based iron ore analyst at consultancy Mysteel.
Steel mills currently have enough sinter ore inventory to sustain normal production for around eight days, she added.
(With files from Reuters)
