Steel Market Production Changes – August 16, 2012

August 16, 2012 Posted by Steel Market Intelligence

Steel Market Production Increases – Chinese steelmaker Linggang plans to commission two new bar mills with a combined capacity of 1.9 million tpy this September despite having recently curtailed bar production due to insufficient demand.

Steel Market Production Cuts – Moldavian Metallurgical Works (MMZ) has announced that it has temporarily halted production of crude steel which it had been producing at a rate of 18,000 tonnes per month.

Sources: Steel Business Briefing, SteelOrbis

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