Steel Market Production Changes – July 17, 2012

July 18, 2012 Posted by Steel Market Intelligence

Steel Market Production Cuts – AK Steel has idled their 2 million tpy capacity blast furnace at Ashland Kentucky mill for an undisclosed period of time as part of a planned maintenance outage at the mill which produces carbon and ultra-low carbon semis along with galvanized and galvannealed steels.

Steel Market Production Cuts – Taiwanese steelmaker Chung Hung has idled production at one of their subsidiary’s 1.2 million typ cold rolling mill citing a dismal cold-rolled product market in Taiwan.

Steel Market Production Increases – Venezuelan longs producer Sidetur has resumed billet shipments after a 10-day stoppage due to a strike.

Sources: Steel Business Briefing

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