Steel Market Production Cuts – Japanese steelmaker Nippon Steel has reportedly cut H-beam output by an undisclosed amount to preserve prices and reduce dealer inventories.

Steel Market Production Cuts – South Korean steelmaker Hyundai Steel is planning to suspend production at the “large-size mill” at its Incheon Plant for a period of 14 days from Sep. 23 – Oct. 6 and at its “small size mill” and rebar mill for 7-10 days at the same location in order to cut output.

Steel Market Production Cuts – South Korean steelmaker Hyundai Steel plans to cut production at its Pohang bar mill and its Dangjin Plants rebar mill for 7 -10 days this month.

Steel Market Production Cuts – South Korean steelmaker Dongkuk Steel plans to stop production at its No. 1 & 2 rolling mills for a full week in September.

Steel Market Production Cuts – South Korean steelmakers KISCO and HANSCO plan to shut down their plants for a full week in September.

Steel Market Production Cuts – South Korean steelmaker Daehan Steel plans to stop production for 8 days in September.

Steel Market Production Cuts – South Korean steelmaker YK Steel plans to shut down its No. 1 & 2 steelmaking mills for 4 and 7 days in September and their No. 1 & No. 2 rolling mills are scheduled to be down for two days.

Steel Market Production Increases – Italian steel plant maker Danieli plans to restart semi-finished production at a limited rate at its 500,000 tpy capacity Sisak Works in Croatia this October or November.

Sources: Steel Business Briefing, MetalBulletin, SteelOrbis