Steel Market Production Increases –Libyan Iron & Steel Co intends to start production of coils this month at its hot strip mill pending final approval to restart by Gecol, the Libyan General Electric Company.

Steel Market Production Cuts –ArcelorMittal has reported that it intends to temporarily idle one of the two blast furnaces at its plant in Gijon, Northern Spain, in August for maintenance. The plant produces slabs, billets and blooms for re-rolling into long products.

Steel Market Production Cuts – The Polish steelmaking group, Alchemia is closing the meltshop at its seamless pipe plant Huta Batory in Chorzow, Southern Poland, following a strike by workers at the meltshop on April 2. The meltshop had a production capacity of 145,000 tpy.

Source: Steel Business Briefing