Steel Products
Esmark Delaying Restart of Yorkville Plant
Written by Sandy Williams
March 13, 2013
Written by: Sandy Williams
Start up of the Esmark Yorkville cold-rolling plant is on hold waiting for “a less volatile steelmarket” according to Esmark.
Esmark acquired the renamed Ohio Cold Rolling Company from defunct RG Steel along with a 50 percent interest in the nearby tin plate production plant Ohio Coatings Co. in October 2012. Esmark said OCRC would begin operations in early 2013 but weak steel demand, pricing pressures in the cold-rolled steel market, low priced imports, high inventories and economic uncertainty has set back the much anticipated re-opening. In addition, Ohio Coatings’ late entry into the annual tinplate contract negotiations resulted in a commitment by OCC to annual black plate sourcing outside of Yorkville, resulting in the loss of OCRC’s largest customer.
Last week Columbia Gas of Ohio shut off service to the mill after Esmark decided to delay the opening.
“As part of this decision we have been working with the local natural gas and electric utility companies and agreed to temporarily suspend natural gas service to the plant until we’re prepared to begin restart operations. We continue to maintain electric service,” said Esmark.
United Steel Workers Local 1223 President Jerry Conners told the Herald Star that he is losing confidence in the new owners.
“I have a hard time believing the plant is on track for a reopening. I do think either Esmark, or the Esmark Steel Group, is experiencing a cash flow problem,” Conners said. “Gas for heat has never been turned off in the past.”
Esmark remains committed to restarting the Yorkville facility later this year. In the meantime, a small workforce will be on hand for fire watch and maintenance.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]

Steel buyer spirits tempered by soft spot market conditions
Steel sheet buyers report feeling bogged down by the ongoing stresses of stagnant demand, news fatigue, tariff negotiations or implementation timelines, and persistent macroeconomic uncertainty.

CRU: US stainless prices to rise on expanded S232 tariffs
Stainless prices in the US market will rise, following price increases by major US producers. Our base case scenario incorporates higher US prices in the near term, despite the initial negative reaction by the market. US stainless prices will go up in 2025 H2 and will stay elevated in 2026 as tariffs on stainless […]

Galvanized steel demand unsteady amid lingering buyer fatigue: HARDI
Uneven demand for galvanized steel in June reflects a market that remains mired in uncertainty, according to industry sources.

OCTG industry salutes Customs for catching trade crooks
The US OCTG Manufacturers Association is commending US Customs for intercepting another Thai company's attempt to illegally transship Chinese oil pipe to the US.