Steel Market Production Cuts – U.S. Steel plans to shut down its 2.8 million tpy capacity blast furnace at its Gary Works later this month for maintenance with production scheduled to restart in early October.

Steel Market Production Cuts – Chinese steelmaker Tianjin Tiantie Metallurgical Group has delayed the restart of a 2.5 million tpy hot metal blast furnace until September.

Steel Market Production Cuts – Chinese steelmaker Zenith Steel closed a blast furnace on July 16^th for one month of maintenance that will reduce hot metal production by 90,000 tonnes.

Steel Market Production Cuts– Chinese steelmaker Chongqing Iron & Steel (Chonggang) is reportedly planning to bank one 2,500 cubic meter blast furnace for 40-45 days starting on August 5^th.

Steel Market Production Cuts – Due to the power outages across India’s Punjabstate, steelmakers were ordered to shut down EAFs, furnaces, and rolling mills for three days a week starting July 24^{th _} effectively reducing production by about 80% in an area that produces 12,500 tonnes per day.

Steel Market Production Cuts – Riva, the main rebar producer in France, is planning to suspend production for 4 weeks at the end of this week in an effort to support prices.

Steel Market Production Increase – Sometime this month, Syrian rebar producer Hmisho Steel plans to commission a new 800,000 tpy billet meltshop.

Sources: Steel Business Briefing, SteelGuru