Steel Market Production Increases – Italian longs producer Leili will keep its 400,000 tonne per year rebar mill in Brescia open after having reached an agreement with regional authorities and unions.

Steel Market Production Cuts – Turkish producer Colakoglu has reduced its HRC capacity utilization to 60% of its annual 4.5 million tonnes capacity due to sluggish demand and a slowdown in sales to the white goods and automotive sector.

Steel Market Production Cuts – Workers at Evraz North America’s Camrose, Alberta pipe mills are facing a Monday morning lockout if labor negotiations remain unresolved. The two pipe mills at the facility are capable of producing ERW and DSAW pipe at a rate of 200,000 and 140,000 tonnes per year, respectively.

Sources: Steel Business Briefing, American Metal Market