Steel Market Production Increases – Turkish steelmaker IDC commissioned a new 400,000 tpy medium sections mill on January 3.

Steel Market Production Cuts – Hungarian steelmaker Dunaferr has plans to idle one of its two blast furnaces, or roughly half of its 1.7 mtpy crude capacity, for at least a year of maintenance starting in mid-January. Dunaferr has also closed the rolling lines at its Lorinci plate mill and is said to be mulling a permanent closure.

Steel Market Production Increases – Croatian steelmaker Adria Steel will restart its 200,000 tpy EAF in mid-January and will produce billet for its rebar rolling line.

Sources: Steel Business Briefing, SteelOrbis