US domestic raw steel production was 1,723,000 net tons while the capability utilization rate was 78.2 percent.

AISI reported that for the month of July 2022, U.S. steel mills shipped 7,676,083 net tons, a 7.3 percent decrease from the 8,278,863 net tons shipped in July 2021.

Slovakia-based US Steel Kosice idled blast furnace two at its Slovakian site on 4 September for a 60-day stoppage.

The company has also kept its Spanish Sestao electric arc furnace-based coils mill off line, given weak demand and high energy costs.

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European market leader ArcelorMittal is idling blast furnace A at its Asturias plant in Spain in response to weak demand.

The producer will also stop a direct reduction plant in Hamburg, where it produces wire rod, from the fourth quarter.

Integrated steelmaker US Steel and its union membership appear to be at an impasse over contract negotiations.