Steel Market Production Increases – Chinese longs producer Fujian Sanan Steel intends to start production at a new 600,000 tonnes per year bar mill in Fujian province in Southeast China in early May. The new mill is designed to produce 10~16mm round bar and rebar.

Steel Market Production Cuts – Taiwan’s Feng Hsin Iron & Steel will halt production from mid-August to the end of September at one of the EAFs at its Taichung works in central Taiwan to revamp its billet caster.

Sources: Steel Business Briefing