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
Cleveland-Cliffs quietly removes name from Steelton mill
The Cleveland-Cliffs name has been removed from its idled Steelton rail mill. SMU asked Cliffs about the move and if it might signal that it is selling the mill...
Nucor sees sequentially lower Q3 profits across all three business segments
Nucor's third-quarter earnings will be down quarter-over-quarter, but still higher than a year earlier.
Hyundai still on for Louisiana steel mill despite US raid at Georgia battery plant
Hyundai has reaffirmed its commitment to build a steel plant in Louisiana following a US government immigration raid at its battery facility in Georgia.
Hybar lowers output forecast, owning up to EAF startup delay
Hybar LLC’s rebar mill in Osceola, Ark., is now melting scrap and will soon be fulfilling orders, according to CEO David Stickler, despite a six-to-eight-week delay caused by commissioning the world’s first Aura electrical system.
Steel Dynamics guides to more metal, more money in Q3
Steel Dynamics Inc. is bullish heading into the close of the third quarter, with all three of its operating segments tracking higher.