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 Cuts – Chinese steelmaker Taishan has begun dismantling its two 420 m³ No. 4 and 5 blast furnaces.

Steel Market Production Increases – Chinese steelmakerNanjinghas broken ground on a new 3.5 million tpy mill and continuous slab workshop with completion set for September of 2013.

Steel Market Production Cuts – German steelmaker ThyssenKrupp has announced that it plans to continue reduced working hours at five locations inEuropefor September as well as August as was previously announced.

Steel Market Production Cuts – ArcelorMittal has begun offering voluntary redundancy to the workers at its Romanian plant in Hunedoara with the aim of improving productivity.

Steel Market Production Cuts – Tiawan’s China Steel Corp. has announced plans to cut it utilization rate to 95% in September from 100% in August in the face of weaker domestic demand and global pricing.

Steel Market Production Cuts – Russian steelmaker Mechel is releasing 400 workers from its Campia Truzii wire rod and rebar rolling plant in Romania.

Sources: Steel Business Briefing and SteelOrbis, SteelGuru, MySteel