Steel Market Production Changes – May 2, 2012

May 2, 2012 Posted by Steel Market Intelligence

Steel Market Production Increases – Turkish steelmaker Erdemir has relit the No. 4 unit at its Iskenderun plant, the largest blast furnace in Turkey, after idling it on April 11 for safety reasons. The furnace has a hot metal capacity of 1.8 million tonnes per year.

Steel Market Production Increases – Croatian rebar mini-mill Zeljezara Split has scheduled the restart of its 150,000 tonne per year round bar and rebar rolling mill to between 9-15 May.

Steel Market Production Increases – State steel producer Rashtriya Ispat Nigam Ltd. (RINL) of India recently tapped its first hot metal from the 2.5 million tonne per day No. 3 blast furnace at its Visakhapatnam steelworks.

Steel Market Production Cuts – Abu Dhabi National Company has indefinitely postponed plans to construct a 300,000 tonne per year rebar mill due to weak local consumption.

Sources: Steel Business Briefing

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