Steel Market Production Changes – May 4, 2012

May 4, 2012 Posted by Steel Market Intelligence

Steel Market Production Increases – Croatian rebar mini-mill Zeljezara Split plans to produce 4,000 tonnes of billet a month in May during the ramp-up to full capacity at the 150,000 tonne per year facility. The restarted facility is also expected to have a 330,000 tonne per year meltshop come online in the third quarter of this year.

Steel Market Production Increases – Korean steel maker Dongbu Steel is building a new 80,000 tonne per year color-coating line in Thailand with a commissioning set for March 2013.

Steel Market Production Cuts – Labor negotiations at Evraz North America’s Camrose, Alberta pipe mills have failed and all workers were sent home today with a lockout starting on Saturday. 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

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