Steel Market Production Increases – Chinese steelmaker Hanzhong, a subsidiary of Shaanxi has begun production on its new No. 2 converter, bringing the total crude steel production capacity of both converters to 3 million tpy.
Steel Market Production Increases – Italian producer Ilva reportedly plans to restart its hot rolling line No. 1 in September after having idled the facility starting June 10th due to a poor market environment.
Sources: SteelOrbis
