Steel Market Production Cuts – Italian steelmaker Ilva may be forced to halt production at its 11 mtpy Taranto facility by December 14, due to the environmental sanctions handed down by the Italian government. The company estimates that it needs about 50,000 tpd of raw materials to operate, and the sanctions limit the facility to only 15,000 tpd.

Steel Market Production Increases – Commercial Metals Company will increase production at its rebar mill in Arizona after receiving new permits. No construction will take place, but the mill will begin to produce more than the nameplate capacity of 300,000 tpy.

Steel Market Production Cuts – Ukrainian steelmaker Donetskstal has pushed back the commissioning of a new 1.5 mtpy EAF from October 2012 to the second quarter of 2013 and will idle the 1 mtpy slab rolling mill as it is not profitable to operate with purchased steel.

Steel Market Production Increases – Italian longs producer Ferriera Valsabbia increased the capacity of the EAF at the Odolo facility from 0.8 mpty to 1.0 mtpy during a roughly two month outage that ended “a few weeks ago”.

Sources: Steel Business Briefing, American Metal Market