Steel Mills

Furnace Woes at ArcelorMittal Cleveland
Written by Sandy Williams
May 13, 2014
The C-5 blast furnace at ArcelorMittal Cleveland suffered a breakout at the taphole on Thursday, May 8. A spokesperson at ArcelorMittal says there were no injuries as a result of the incident and the furnace should be fully operational by the week of May 19.
In the meantime, the mill will coordinate with other ArcelorMittal facilities in the US to ensure that customer demand is fully met. It is our understanding that the C-5 furnace produces 4500 tons of pig iron per day.The anticipated pig iron tonnage lost is 45,000 to 63,000 tons (add 25 percent to get steel loss).
The C-6 blast furnace at AM Cleveland continues to operate as normal.
ArcelorMittal is scheduled to take down their largest blast furnace at Indiana Harbor for major maintenance beginning in June. The furnace is expected to be down close to two months.
At the same time, U.S. Steel Great Lakes is reported to be in the process of ramping up their blast furnaces and BOP’s. Normal transit times have resumed for iron ore vessels between loading ports in Minnesota and the mills located on the shores of Lake Michigan and elsewhere.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Despite trade chaos, Barry Schneider upbeat on SDI, steel
With 30 years of experience at Steel Dynamics, Barry Schneider reflects on the company and the state of the steel industry.

Algoma Steel seeks CAD$500M in operational support
Algoma Steel applied to Canada’s federal Large Enterprise Tariff Loan (LETL) program for $500 million to support its long-term operations.

SDI concerned with potential Brazil pig iron tariffs
Steel Dynamics Inc. (SDI) executives called a 50% tariff on Brazilian pig iron “concerning,” but think tariffs will be a “mainstay” of trade agreements going forward.

SDI earnings slip in Q2 as trade volatility hits customer orders
SDI profits slipped in second quarter amid trade policy volatility.

Cliffs puts ‘for sale’ signs up after another big quarterly loss
Cleveland-Cliffs lost more than $400 million for the third consecutive quarter but predicted results would improve in the second half of the year. And shares of the Cleveland-based steelmaker surged after company executives said during its Q2 earnings call on Monday that they could make billions by courting foreign investors or selling assets.