Steel Market Intelligence » Sparrows Point https://www.michelleapplebaum.com/blog Analytical Steel Industry Expertise Wed, 09 Apr 2014 19:25:37 +0000 en-US hourly 1 Steel Market Production Report – Sparrows Point to be Sold for Parts https://www.michelleapplebaum.com/blog/?p=2928 https://www.michelleapplebaum.com/blog/?p=2928#comments Tue, 18 Dec 2012 00:15:34 +0000 http://www.michelleapplebaum.com/blog/?p=2928 Steel Market Production Cuts – According to a Baltimore County executive, the 3.5 mtpy Sparrows Point facility will be officially disassembled and sold for parts, eliminating its capacity from the market.

Steel Market Production Cuts – Ukrainian steelmaker Ilyich Iron & Steel has pushed back the restart of one caster and indefinitely postponed the restart of another as they undergo repairs related to an accident on December 10th. As a result, Ilyich expects December production to be 20% lower than November’s levels of about 330,000 mt.

Steel Market Production Cuts – Turkish longs producer Icdas has idled the 1 mtpy EAF at the Biga facility due to weak demand and has not given any indication on when it will be re-started.

Steel Market Production Increases – Japanese steelmaker Nippon announced that a new blast furnace at its Wakayama facility is on-schedule to begin production in March and will provide a 50,000 tpy upgrade over the furnace it will replace.

Sources: Steel Business Briefing

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