Steel Market Production Increases – According to a statement by the USW, ArcelorMittal has restarted blast furnaces that it idled in anticipation of a labor related outage, though the company was not available to confirm this claim.
Steel Market Production Cuts – According to the China Iron & Steel Association (CISA), 46 blast furnaces inChinaare scheduled or are undergoing overhauls for a total reduction in crude steel output of 6.856 million tonnes.
Steel Market Production Cuts – Chinese steelmakerJinanplans to perform maintenance on its 1,750 cu ft. blast furnace in September resulting in a loss of 4,000 tonnes per day of pig iron.
Steel Market Production Increases – Chinese steelmaker Xinjiang Bagang Nanjiang Steel Baicheng Co. has begun test production on a new 850,ooo tpy rebar and round bar rolling mill and has two converters set to come online at the end of the year with a combined 3 million tpy of production capacity to feed rolling operations.
Steel Market Production Cuts – Chinese steelmaker Masteel will be conducting maintenance on its h-beam production line from September 14-28, during which time output will be reduced by a total of 35,000 tonnes.
Steel Market Production Increases – According to Bruno Ferrate, Italian steelmaker Ilva’s Chairman, the plant is currently operating at 70% of its 11 million tpy capacity despite reports of a court ordered stoppage and has been doing so throughout the month.
Steel Market Production Increases – Mexican steelmaker Simec plans to start its new 520,0oo tpy billet capacity and 400,000 tpy rebar and wire rod capacity facility in August of 2013.
Steel Market Production Increases – Dubai-based Moulds & Metals plans to begin production on a 200,000 tpy billet plant inPoti,Georgiaby the end of September.
Steel Market Production Cuts – Hungarian flat rolled producer Dunaferr will be deciding whether or not to close its 200,000 tpy capacity Lorinc plate rolling mill inBudapeston September 5 due to unprofitable production. The company is considering stopping hot-metal production altogether as of July 2013.
Steel Market Production Increases – Chinese steelmaker Yulong Steel pipe reportedly plans to commission a new 120,000 tpy welded pipe mill in the second quarter 0f 2013.
Sources: Steel Business Briefing, American Metal Market, SteelOrbis
