Steel Market Production Increases – An Italian Courthas stopped the shutdown of Ilva’s 11 million tpy capacity plant in Taranto Italy provided that the plant be upgraded to reduce its environmental impact.

Steel Market Production Increases – Italian Steelmaker Lucchini plans to restart the blast furnace at its Piombino works on August 26 after having stopped it for four weeks due to a weak market – the company is currently running at 1.2-1.4 million tpy of its installed capacity of 2.4 million tpy.

Steel Market Production Increases – Ukrainian steelmaker Alchevsk has announced that it plans to increase production by 21 percent in August to 290,000 tonnes of crude steel for the month.

Sources: Steel Business Briefing and SteelOrbis