Steel Market Production Increases – ArcelorMittal plans to upgrade the EAF at the 1 mtpy Esch-Belval, Luxembourg facility, increasing its capacity by over 10%.
Steel Market Production Cuts – Argentinian steel producer Ternium Siderar will idle one of two blast furnaces – about half of the plant’s 3.89 mtpy capacity – for approximately four months.
Steel Market Production Cuts – Japanese steelmaker Tokyo Steel commented that it had no plans to re-start the 1.8 mtpy pickling line at the Tahara works after it was damaged by a fire, and it might not be re-started until year-end.
Steel Market Production Increases – Peruvian steelmaker Aceros Arequipa plans to increase the company’s 900,000 tpy longs capacity by adding an additional 650,000 tpy rolling mill by year-end.
Steel Market Production Increases – Danish plate processor Dansteel announced a plan to “revamp” their new rolling mill, increasing capacity to 550,000 tpy.
Steel Market Production Increases – Palestinian steelmaker Hassouneh Group will begin production at a new 300,000 tpy EAF facility in Jordan by 2Q13.
Sources: Steel Business Briefing
