Market Segment
November 13, 2014
Written by John Packard
There is a new flat rolled steel mill under construction in Arkansas. The mill will be complete in 2016. However, we feel that many of you are probably interested to know what the timetable is for the ramp up of the mill at this point in time.
We have obtained the ramp-up schedule from Big River Steel with the ready dates for specific products:
Notably, pig iron is not excluded from the proposed Brazil measures. This would represent a change from the Brazil EEPA tariffs, which excluded pig iron.
A worker died on Saturday morning at U.S. Steel’s Granite City Works near St. Louis, the company and the United Steelworkers (USW) union said.
Some domestic hot-rolled (HR) coil market participants say they expect prices remain stable through the end of 2026. Asked why prices would hold and not slip, sources said they anticipate mills won’t suddenly have much more capacity for spot orders. They also noted that the annual summer doldrums haven’t sent demand into a precipitous decline. They contend that most in the steel industry expected […]
On the heels of SSAB’s price hike, further domestic mill increases to spot market plate seem inevitable to some participants but unlikely to others.
The latest data from Baker Hughes show that oil and gas drilling in the US was steady last week, while it tapered off further in Canada.