Steel Market Production Cuts – According to the China Iron and Steel Association (CISA) average daily production for the last 11 days of July came to 1.949 million tonnes per day, down 2.2% from the number reported for the middle 10 days of July.

Steel Market Production Cuts – Chinese producerTangshanplans to undertake maintenance on its 3,200 cu m blast furnace for 45 days from September 15 for a total output loss of 300-350,000 tonnes of pig iron.

Steel Market Production Cuts – Chinese producer Pangang has decided to delay the commissioning its 2,500 cu m blast furnace until October from its initially scheduled start this month.

Steel Market Production Increases – Chinese steelmaker Shanxi Zhongyang has announced an upgrade of its steelmaking facilities which will bring their total steelmaking capacity to 4 million tpy of crude steel when production begins in October.

Steel Market Production Cuts – Korean steelmaker Hyundai Steel has scheduled annual maintenance on the A and B sections of its Dangjin works, inSeoulfrom August 31 – September 5.

Steel Market Production Cuts – Korean steelmaker Dongbu Steel plans to undertake repair works from August 16-22.

Steel Market Production Cuts – Italian steelmaker Beltrame has decided to idle its 800,000 tpy EAF, which has been running at 50% capacity since early 2012, until at least October due to weak market demand for merchant bar.

Steel Market Production Cuts – Italian longs producers usual summer stoppages are reportedly on par with 2011’s summer stoppages of 4-5 weeks.

Steel Market Production Increases – Chinese pipemakerBaotouplans to begin production on a new 620,000 tpy seamless pipe mill on October 1.

Steel Market Production Increases – Indian producer Bushan Steel plans to increase the capacity of its Dhenkanal works with a second phase that will increase capacity to 5 million tpy from the present 2.5 million in December.

Sources: Steel Business Briefing and  SteelOrbis