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
Nucor holds HR list price at $910/ton
Nucor is keeping its list price for spot hot-rolled coil unchanged after last week’s shortened holiday week.
Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.
Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.
Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.
AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).