Steel Market Production Increases –ArcelorMittal’s new $60m production line for heat-treated plate products in Burns Harbor, Indiana began production earlier this month.
Steel Market Production Increases – China’s Tangshan Iron and Steel, a subsidiary of Hebei has begun construction on a 1.3 million tonnes per year ERW pipe plant in Tangshan city.
Steel Market Production Increases – German-based large-diameter pipe producer Europipe has resumed production at its Mulheim an der Ruhr works and its 200,000 tonne per year pipe mill in northern France.
Steel Market Production Increases – Iraqi rebar producer G.K. Steel has installed a new induction furnace. The furnace takes the company’s total finished production capacity to 80,000 tonnes per year.
Steel Market Production Increases – Chinese line pipe maker Shengli has entered into a joint venture agreement with pipe distributor IRI De Colombia to manufacture and distribute OCTG and SSAW pipes to the US market. The operation will reportedly have a capacity of 150,000 tonnes per year of both OCTG and SSAW pipe.
Steel Market Production Cuts – Turkish integrated flat steelmaker Erdemir began relining the No. 2 furnace at its Eregli works in Northern Turkey yesterday. The relining of this furnace will take 1.8 million of Erdemir’s 9 million tonnes per year of liquid steelmaking capacity offline for 90 days.
Sources: Steel Business Briefing, NWITimes
