August 10, 2012 Posted by Jordan

Steel Market Production Cuts – Shagang began maintenance on one of its Hot Rolled Coil lines on August 7 with the restart time unclear – resulting in 13,000 tonnes per day of lost output.

Steel Market Production Increases – Chinese steelmaker Taishan has begun dismantling its 420 m³ No. 4 and 5 blast furnaces.

Steel Market Production Increases – Chinese steelmaker Hebei Yanxin Building Materials has begun construction on a new 400,000 tpy silicomanganese facility, with 2 of 3 submerged electric arc furnaces scheduled to be commissioned by the end of 2012.

Sources: Steel Business Briefing and SteelOrbis, SteelGuru