Steel Market Production Increases – French pipemaker Vallourec is planning to increase production to 50% of capacity at the new 500,000 tpy OCTG mill in Ohio and 40% of capacity at its 300,000 tpy Vallourec Sumitomo do Brasil facility in Brazil.

Steel Market Production Increases – Korean steelmaker Posco commenced production at a new 450,000 tpy hot-dip galvanized coil line at its Shunde facility in southern China on November 3.

Sources: Steel Business Briefing, American Metal Market