Steel Market Production Changes – June 22, 2012

June 22, 2012 Posted by Steel Market Intelligence

Steel Market Production Cuts – Severstal North America’s hot strip mill at Dearborn will be down for seven days next week for maintenance.

Steel Market Production Cuts – Severstal North America’s plant in Columbus, Mississippi will be down for maintenance starting in July during which will result in production losses of 80,000 to 100,000 tons per week.

Steel Market Production Increases – Mexican steelmaker Ahmsa is restarting their blast furnace number 5 in Monclova, northern Mexico after a month long outage for scheduled maintenance.

Steel Market Production Cuts – Chinese steelmaker Jinan plans to conduct maintenance on its medium plate production line for 15 days from July 2-17 which will result in a loss of 60,000-65,000 tonnes of output.

Steel Market Production Cuts – Spanish steelmaker Celsa Group plans to close its plants in Vitoria and Urbina, northern Spain due to poor market conditions. Combined, the plants have a wide hot strip mill, pickling and oiling lines and welded tube and pipe mill.

Sources: Steel Business Briefing, SteelGuru

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