Steel Market Production Increases – Electrical grid maintenance in Qian’an city in Tangshan, China has caused power shortages to some billet makers with power restrictions having begun on June 1 and scheduled to run until June 13.

Steel Market Production Increases – Chinese linepipe maker Chu Kong has started hot trials on its new 360,000 tpy spiral submerged arc weld (SSAW) pipe mill in Lianyungang city in Eastern China.

Steel Market Production Increases – Chinese linepipe maker Chu Kong intends to inaugurate a new 300,000 tpy COE-formed longitudinal submerged arc welded (LSAW) pipe mill in its Lianyungang works in the fourth quarter of 2012.

Steel Market Production Increases – Isa Unal, the owner of Turkish conglomerate Moher Limited was granted a license to construct a 250,000 tpy rebar mill in Basra, Iraq with construction completion scheduled for the end of 2013.

Sources: Steel Business Briefing