Steel Market Production Cuts – ArcelorMittal’s 1.8 mtpy capacity coil plant in Sestao, northern Spain, is expected to continue to be idled during March, due to minimal scrap purchases in the last two weeks.

Steel Market Production Cuts – Moldova Steel Works’ (MMZ), which has been idle for the last two months, should have resumed production in the past few days, but its restart will be delayed for a few more weeks due to scrap procurement issues.

Sources: Steel Business Briefing