Steel Market Production Increases – Mexican steel producer AHMSA plans to finish the expansion of the Monclova integrated flats and longs mill in early 2013, which will increase capacity by 40% to 5.5 million tpy.

Steel Market Production Increases – Chinese steelmaker Xinjiang Yili Iron & Steel started the testing phase of a new 800,000 tpy bar mill this week that will contribute toward the company’s capacity goal of 2 million tpy.

Steel Market Production Cuts – Spanish steel company Alfonso Gallardo intends to shut down the Corrugados Getafe rebar mill outside of Madrid due to weak construction demand. The mill has capacity of 400,000-500,000 tpy but is presently operating at under 50% of capacity (200,000 – 205,000 tpy).

Sources: Steel Business Briefing