Steel Market Production Cuts – Esmark has delayed the restart of the former RG Yorkville cold-rolling facility’s restart to March or April from January due uncertain and volatile market conditions.

Steel Market Production Cuts – Australian Steelmaker Bluescope has cut 170 jobs at its Western Port Steel mill in Hastings, Victoria with production expected to drop by 25% from the current operating rate of 2.6 million tpy.

Steel Market Production Increases – Korean pipemaker SeAH Steel Vina (SSVC) plans to start a new pipe mill in southern vietnam aimed at increasing production of line pipe by 50,000 tpy when the mill starts production in November.

Sources: American Metal Market, Steel Business Briefing, The Australian, The Age