Baoxin Stainless to cut production in December
China’s Ningbo Baoxin Stainless Steel plans to reduce its production output in December.
The company is expected to reduce by 10-15 percent in production to cope with the weak stainless steel market.
In fact, China’s major stainless steel mills have planned to cut production in order to stabilize the market.
News Date 27 Nov 2007 14:24:08 reported by Lucy Liu