|  | 07/22/2010 |
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Dongbu Steel Reduces Hot Coil Output Target in 2010
Dongbu Steel of South Korea revised the hot rolled flat steel output plan downward to 1.6 million tonnes in 2010 compared with original 2.2 million tonnes. The firm adjusts the plan under slowing demand to increase the supply to the downstream operation from current 50% of hot coil production and decrease the third party shipment while the hot rolling mill operates at around annualized 2 million tonnes at Asan bay. The firm still targets 2.8 million tonnes of cold rolled products sales for the year and could increase hot coil purchase from planned 1.7 million tonnes.
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 | Dongbu Steel Reduces Hot Coil Output Target in 2010
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