Steel Market Production Changes – June 27, 2012

June 28, 2012 Posted by Steel Market Intelligence

Steel Market Production Cuts – The Serbian Government stated in an email today that it officially intends to stop production at the Zelezara Smederovo plant for at least three months starting in July – the plant is currently producing at 60,000 tons a month with an annual capacity of 2.4 million tpy.Steel

Market Production Cuts – Moroccan longs producer Sonasid is currently performing maintenance on its EAF and mill in Jorf Lasfar with other area producers also expected to be down for a few weeks in July.

Steel Market Production Cuts – Tata Steel is reportedly considering delaying the relighting of its 2 million tpy capacity BF4 at its plant in Port Talbot, Wales when its rebuild is completed in November 2012.

Sources: Steel Business Briefing, Reuters

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