Steel Market Production Changes – September 24 and 25, 2012

September 25, 2012 Posted by Steel Market Intelligence

Steel Market Production Increases – Chinese pipe fabricator Kingland plans to construct a 200,000 tpy spiral submerged arc welded pipe mill for the production of oil and gas line pipe. This is an increase from the original plans for a 120,000 tpy mill and will add to Kingland’s current capacity of 900,000 tpy for welded pipe.

Steel Market Production Increases – Chinese steelmaker Hanzhong Iron and Steel is assembling a new 600,000 tpy wire rod mill that is scheduled to begin production in early 2013. The new mill is a complement to the 1 million tpy double-strand wire rod facility that was commissioned last month at the 3 million tpy Hanzhong steel plant.

Steel Market Production Increases – Turkish steelmaker Kardemir has ordered a new basic oxygen furnace (BOF), as well as an expansion of the two existing BOFs at the Karabuk plant that will expand total capacity from 1.3 million tpy to 3 million tpy. The new BOF is scheduled to be commissioned in September 2013.

Sources: Steel Business Briefing, SteelOrbis

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