Steel Market Production Increases – The Chinese Iron and Steel Association (CISA) reported on Wednesday that crude steel production for the first 10 days of the month averaged 2.03 million tonnes per day, up 7% from the last 11 days of March and a new all-time record.

Steel Market Production Increases –Jiangsu Yulong Steel Pipe, a Chinese welded pipe producer intends to begin production at a new longitudinal submerged arc welded pipe plant at its plant in Huocheng County in early 2013. The new operation will increase production capacity by 120,000 tonnes per year.

Steel Market Production Cuts –Due to declining demand for electro-galvanized products in Europe, ArcelorMittal intends to reduce output at its second line in Dudelange, Luxembourg. The line, along with the already idled number 1 line, has a combined production capacity of 400,000 tonnes per year.

Sources: Steel Business Briefing