Steel Mills
NLMK USA Sales Increase in 2013
Written by Sandy Williams
January 28, 2014
NLMK USA sales for 2013 jumped 3.7 percent to 1.8 million tonnes of steel (1.98 million tons), up from 1.74 million tonnes (1.9 million tons) in 2012. Sales were driven by improved demand by service centers, pipe manufacturers, construction and automotive.
Fourth quarter 2013 steel production at NLMK Indiana totaled 164,000 tonnes (180,776 tons), down 6.9 percent q/q, with sales of 449,000 tonnes (494,929 tons). Hot rolled sales were down 10.9 percent while cold rolled and galvanized were up by 12.4 percent and 22.5 percent, respectively. Parent company Novolipetsk provided 210,000 tonnes of slabs (231,481 tons) to NLMK USA in fourth quarter.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
USS swings to loss in first quarter on N. American flat-rolled segment woes
U.S. Steel CEO praised the company’s resilience, “despite the seasonally low results driven by annual mining logistics constraints in our North American Flat-Rolled segment and lagging spot prices.”
Nucor gives updates on new capacity coming online
Nucor said several of its capital projects will start operations within the next year and provided an update on them.
Algoma swings to loss on ‘market challenges’ and ‘tariff uncertainties’
Canada’s Algoma Steel swung to a loss in the first quarter amid "market challenges," and the company now expects first steel production from its first EAF in the second quarter.
Ternium raises budget for Mexico project
The steelmaker now expects the new steel slab mill in Pesquería will begin operations by Q4’26.
SSAB announces $74M expansion in Alabama
The project will expand heat treat capacity at its Axis, Alabama plant