Steel Market Production Increases – Indian iron miner NMDC has signed a contract with a consortium led by Siemens to construct a 3 million tpy steel plant in eastern India.

Steel Market Production Increases – Croatian rebar mini-mill Adria Steel began testing of its rolling mill yesterday with expected production of 4,000 tonnes per month in the initial phase. The mill also intends to restart its modernized 330,000 tpy capacity EAF in September.

Steel Market Production Cuts – Chinese producer Jinan Steel plans to make upgrades to its rebar line from May 23-25 with output expected to be reduced by 12,000 tonnes.

Sources: Steel Business Briefing, SteelGuru