Steel Market Production Changes – June 14, 2012

June 14, 2012 Posted by Steel Market Intelligence

Steel Market Production Cuts – ArcelorMittal’s 2 million tpy long steel capacity Annaba complex has been forced to stop production at its blast furnace and rolling mills since Tuesday due to demonstrating former employees preventing workforce from entering the plant.

Steel Market Production Increases – Turkish producer Tosyali Holding’s 1.25 million tpy Algerian rebar mill is scheduled for commissioning this September.

Steel Market Production Cuts – Peruvian steelmaker Aceros Aequipa’s new 650,000 tpy rolling mill is scheduled for commissioning in the second quarter of this year.

Sources: Steel Business Briefing, ArcelorMittal corporate website

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