Resumen de Henan province launches winter output cuts, 384 refractory enterprises involved
Over the period, Henan will impose limits on both industries to reduce emissions when pollution levels worsen during the winter heating season - a move that will lead to a reduction in demand for industrial raw materials. Some 599 businesses have been affected by the latest round of production cuts, including 384 refractory enterprises, 70 foundries, 53 brickworks, 13 cement producers, 12 ceramics companies, five non-ferrous metals recycling firms, four steel plants and three electrolytic aluminium manufacturers, among others. DBM and caustic calcined magnesia (CCM) export prices held steady on sluggish buying activity although domestic prices remained firm.Fastmarkets’ price assessment for DBM, 90% MgO, lump, was $240-270 per tonne fob China, and the price of CCM, 90-92% MgO, was $180-220 per tonne fob China on December 11.
