China building 32 million mt/year of HRC capacity in 2019

摘要

capacity of around 31.6 million mt/year, according to an S&P Global Platts analysis. Thesewill follow the commissioning of nine new HSM in 2018 totaling 25.35 million mt/year ofcapacity(see table above).So far in 2019, two of the 14 new HSMs have been brought on line, adding about 5.3million mt/year hot-rolled coil production capacity. Both mills belong to Zongheng Group'sFengnan steelworks in Hebei province's Tangshan city. The producer plans to commissionits third HSM shortly, bringing another 2 million mt/year of HRC capacity onstream.