Steel Market Production Changes – July 13, 2012

July 13, 2012 Posted by Steel Market Intelligence

Steel Market Production Increases – Gerdau plans to begin operations at a new continuous caster at itsMonroe,MImill next month.

Steel Market Production Increases – Nucor plans to install a new reheat furnace at itsWallingford,Conn.rolling mill that will increase capacity to 300,000-350,000 tpy of rebar, wire rod and wire mesh from 250,000 when it is completed in July 2013.

Steel Market Production Cuts – ThyssenKrupp will likely be cutting working hours at its German operations by mid-August according to a workers representative

Sources: Steel Business Briefing, American Metal Market

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