SMM Survey: Here is Everything You Need to Know about Power Rationing and its Impacts on the Broad Metals Market_SMM metal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metal.com Daily Mail and Mail on Sunday newspapers.
Power rationing has been staying in the spotlight of the market for quite some time, but the current massive power rationing policy does not come out of nowhere. Nonetheless, the policy has brought great influences, temporary or far-reaching, to the whole metals industry. Here is a brief and comprehensive summary of the policy and its impacts on individual metals.
On August 31, Inner Mongolia issued a document stating that the power shortage is expected to continue until the end of the year. It is recommended that the industrial enterprises to use electricity in an orderly manner in August - December.