Steel Market Production Cuts – The Serbian Government has announced a change in plans for the 2.4 million tpy capacity Zelezara Smederevo plant, with the No. 2 BF at the plant now scheduled to be closed from July 10 until September 1.

Steel Market Production Cuts – German Steelmaker ThyssenKrupp is reportedly considering cutting work hours at its German operations in light of slowing steel demand.

Steel Market Production Increases – Mexican bar and sections producer Simec has begun production on a new plant in Sao Paolo, Brazil with some 500,000 tpy wire rod and rebar capacity that is scheduled to begin operating in 2013.

Sources: Steel Business Briefing, Reuters