Steel Market Production Changes – September 13, 2012

September 13, 2012 Posted by Steel Market Intelligence

Steel Market Production Increases – Ilva will present a plan to prosecutors next week on improving environmental protection at their Taranto Steelworks, located inItaly. The Italian government and the EU have issued statements committing to keeping the mill open.

Steel Market Production Increases – Anhui Changjiang Iron & Steel has begun trial runs of its new 1.1m tpy bar rolling mill in eastern China.

Steel Market Production Increases – Venezuelan steelmaker Sidor resumed production at its slab mill following an EAF explosion. The 870,000 tpy mill is currently operating with only 4 of 5 furnaces running at low production levels, but does not expect shipments to be affected.

Steel Market Production Increases – Chinese steelmaker Liuzhou currently has no plans to restart its No. 5 & 6 blast furnaces due to a negative market outlook – the furnaces have been down for “maintenance” since July and August for a total crude steel output reduction of 8,000 tonnes per day.

Steel Market Production Increases – Russian steelmaker Amurmetal plans to increase billet production to 60,000 tonnes in the month of September, compared with 40,000 tonnes in July and August.

Steel Market Production Increases – Spanish steelmaker Alfonso Gallardo Group announced the intent to continue operating their rebar mill in the north of Spain which has not been in operation since June due to a strike.

Steel Market Production Increases – The first phase of Baosteel’s OCTG project in Karamay,China began production on Wednesday, with annual capacity of 60,000 mt.

Sources: Steel Business Briefing, SteelOrbis

 

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