Steel Market Production Cuts – Spanish producer Celsa plans to close Laminaciones Arregui – its welded tubes line and strip re-rolling mill in northern, Spain with an annual production capacity of 300,000 tpy of flat products after negotiations with unions failed.

Steel Market Production Cuts – Italian seamless tube producer Tenaris Dalmine plans to close its 150,000 tpy small tube rolling mill in Fapi, Italy.

Steel Market Production Cuts – Hungarian flat steel producer ISD Dunaferr plans to temporarily idle its 170,000 tpy capacity hot rolling mill from the end of July to early August to reduce output and carry out maintenance.

Steel Market Production Increases – Chinese welded pipe maker Jiangsu Tongyu Steel Pipe Group began construction on a new 50,000 tpy capacity spiral submerged arc welded (SSAW) pipe plant on June 15 with production scheduled to begin March 2013.

Sources: Steel Business Briefing