Steel Market Production Cuts – The China Iron and Steel Association (CISA) production estimate for production in the first 10 days of July came in at 1.958 million tonnes per day – down some 0.35% from the estimate of 1.965 for the last 10 days of June.
Steel Market Production Cuts – Chinese steelmakerAnshanis carrying out maintenance for one week this month at one of is HRC mills which will result in a total of 50,000 tonnes of lost output.
Steel Market Production Cuts – Chinese steelmakerTangshanis carrying out maintenance for one week at one of its slab casters that will reduce production by a total of 30,000 tonnes over the course of the outage.
Steel Market Production Cuts – A fire at Indian pipemaker Welspun’sLittle Rock,Arkansas350,000 tpy capacity welded pipe mill has taken operations offline for the next 6-8 weeks as repairs are made.
Steel Market Production Increases – The Indian pipemaker Welspun is currently building a new 175,000 ERW and coated pipe plant inLittle Rock,Arkansaswith commissioning set for March of 2013.
Steel Market Production Increases – Tata Steel reportedly expects their 2.9 million tpy crude steel production capacity expansion at theirJamshedpur,Indiaplant to come online this financial year.
Steel Market Production Cuts – Russian steelmaker MMK is commissioning the second stage of its new cold rolling mill which by the end of 2012 will have 2.1 million tpy of cold rolling capacity, of which 400,000 tpy will be cold rolled coil (CRC), 700,000 tpy will be galvanized and 900,000 tpy will be surface hardened CRC.
Sources: Steel Business Briefing, MySteel, PressTrust





