Steel Market Production Cuts – Gerdau Long Steel North America will be starting a planned maintenance outage today at its 700,000 tpy crude steel capacity meltshop and rolling mill in Beaumont, Texas with production set to resume in the next few days.

Steel Market Production Cuts – ArcelorMittal has reduced output at its plant in Dabrowa Gornicza, Poland to 30% of capacity with output as low as 220,000 tonnes per month according to one source.

Steel Market Production Cuts – Tata Steel Europe plans to rebuild its 2.1 million tpy capacity blast furnace 4 at its Port Talbot steelworks starting in July and taking 125 days to complete.

Steel Market Production Cuts – Italian flat products and pipemaking group Marcegaglia plans to cut flat steel production at its Ravenna, Italy plant in the next few months.

Steel Market Production Increases – Vietnamese Steelmaker Vina Kyoei broke ground on its new meltshop, billet caster and rolling facility in Ba Ria-Vung Tau, Vietnam which will double the mill’s capacity to 900,000 tpy when it is completed around 2013.

Sources: Steel Business Briefing, American Metal Market