Steel Market Production Changes – Iron Ore Shortage Threatens AMSA

October 11, 2012 Posted by Steel Market Intelligence

Steel Market Production Cuts – ArcelorMittal South Africa (AMSA) announced that the 1.2 tpy Saldanha facility may be affected by an iron ore shortage due to a force majeure at the plant’s supplier, Sishen Iron Ore Co. The shortage is expected to last “approximately two weeks” and the steel plant only has inventory to continue operations for a week and a half.

Steel Market Production Increases – Italian steel plant maker Danieli plans to restart semi-finished production at a limited rate of 300 tonnes per day at the company’s 500,000 tpy capacity Sisak Works in “the first week of November”.

Steel Market Production Increases – Czech pipe producer Trinecke Zelezarny commissioned a new anti-corrosion coating line at the Ostrava tube facility.

Sources: Steel Business Briefing

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