Posted on 21 Mar 2008
According to understanding, China Steel Corp might need to
spend at least one month to fix this problem and restart the processing later;
therefore, this damage will cause the shortage of hot rolled steel products in
the market.
However, the company claims that the accident did affect
production, but it is not as serious as the news said. It will only cause some
of thousand tons decrease on its steel output.
According to the news that China Steel Corp may ask Chung
Hung Steel to help them doing the rolling process or to supply them some slab
allocation, but so far both companies have no final decision yet.