Steel Market Production Report – Ilva See-Saw Continues as Plant Will Now Re-Start

December 3, 2012 Posted by Steel Market Intelligence

Steel Market Production Increases – Italian steelmaker Ilva has received authorization from a governmental decree to resume production at the 11 mtpy Taranto facility, according to the environmental plan that was issued to the facility in late October. The plant will resume production on Friday, after a week-long idling as a sign of respect to a worker that died in a storm-related accident last Wednesday.

Steel Market Production Increases – Russian steelmaker TMK plans to commission a 900,000 tpy EAF at its Tagmet facility by mid-2013, replacing three open hearth furnaces with a combined capacity of 600,000 tpy. Later in 2013, TMK will also commission a 600,000 tpy seamless pipe mill at the Seversky facility.

Steel Market Production Increases – Chinese steelmaker Baotou Iron and Steel said that it is close to completing the upgrade of the No. 2 rolling line at its rail and beam facility, which will raise capacity to 1.5 mtpy.

Steel Market Production Increases – Chinese steelmaker Shaogang has begun trials of the company’s new 670,000 tpy round bar rolling mill in southern China, with an additional mill for small-diameter bars set for commissioning by year-end.

Sources: Steel Business Briefing, SteelOrbis

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