Steel Market Production Increases – Chinese steelmaker Wanli New Materials recently began production of a new 1.2 mtpy pickling line and has plans to commission a 400,000 tpy annealing line in January.

Steel Market Production Increases – Chinese steel company Guoheng Die-Casting Co. is investing in a new steelmaking facility that will have capacity of 900,000 tpy as well as a 1 mtpy longs rolling mill that are expected to come online by the end of 2013.

Steel Market Production Cuts – Taiwanese steelmaker Dragon Steel Corp announced that it will postpone the planned start-date of a 2.5 mtpy blast furnace at the Taichung facility from year-end 2012 to March 2013.

Steel Market Production Increases – Production has been temporarily halted at ArcelorMittal’s Basse-Indre facility in France, due to a strike over the possible shifting of pickling operations from Basse-Indre to the Florange facility. The strike is expected to end by Friday.

Sources: Steel Business Briefing, SteelOrbis