Steel Market Production Changes – August 2 & 3, 2012

August 3, 2012 Posted by Steel Market Intelligence

Steel Market Production Increases – Mexican steelmaker Ternium has announced the installation of a new 700,000 tpy two-strand continuous slab caster at its Argentinian subsidiary Ternium Siderar that is scheduled to come online in 2013.

Steel Market Production Increases – Brazilian steelmaker Gerdau’s new 770,000 tpy capacity hot rolled coil mill in Brazil is scheduled to start operations in late 2012.

Steel Market Production Increases – Brazilian steelmaker Gerdau’s Gerdau Kalyani JV in India will begin operating at a rate of 350,000 tpy of crude steel output this month.

Sources: Steel Business Briefing, SteelOrbis, 

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