Brazilian steelmaker CSN is slashing output at its US and Portuguese subsidiaries, leaving plants to produce at 60% and 40% of their respective capacity, press reported.
CSN's processing facility CSN LLC in Terre Haute, Indiana produces 1.1Mt/y and Portugal's Lusosider has a 550,000t/y output.
The company said in late November it would wait until January before making decisions on the future of its Brazilian output.
CSN's production forecast for 2009 is currently at 6Mt of liquid steel and 40Mt of iron ore.
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