Steel Market Production Cuts – Czech plate and sections producer Evraz Vitkovice Steel shut down its heavy sections mill on March 31 due to a lack of demand for long products. The mill has an annual capacity of 120,000 tpy, representing 10% of Evraz Vitkovice Steel’s total capacity.

Steel Market Production Increases – Workers at Schnitzer Steel subsidiary, Cascade Steel Rolling Mills have returned to work today after a Monday evening walkout that was unauthorized by the United Steelworkers Union. The Cascade Steel Rolling Mills have an annual production capacity of approximately 800,000 tpy.

Sources: Steel Business Briefing, American Metal Markets