Steel Mills

NLMK USA Rolled Steel Production Up 11.4% in 2014
Written by Sandy Williams
January 26, 2015
Fourth quarter crude steel production at NLMK Indiana decreased 7.6 percent to 162,000 tonnes (178,571 tons) quarter over quarter and was down 1.3 percent year over year. Steel mill capacity was running at 84 percent during Q4.
Rolled steel output totaled 483,000 tonnes (532,407 tons), dropping 9 percent sequentially. Decreased sales of hot and cold rolled steel (down 12.5 percent and 17.4 percent q/q, respectively) were partially offset by an 18.7 percent quarterly gain in galvanized steel sales. Year over year sales of rolled steel increased 7.6 percent due to improved market conditions in the U.S.
Total production of rolled steel at NLMK USA in 2014 was 2.009 million tonnes (2.21 million tons), an increase of 11.4 percent y/y.
NLMK USA is comprised of NLMK Indiana, NLMK Pennsylvania (formerly, Duferco Farrell) and NLMK Sharon Coating, manufacturing slabs, hot-rolled, cold-rolled and galvanized products.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

CRU: Interest in AHMSA is growing
Representatives of at least six companies interested in acquiring AHMSA have reportedly begun to carry out physical inspections of the insolvent company’s assets.

USW urges Algoma to diversify product line as $500M lifeline meets wider Q3 losses
The United Steelworkers (USW) is pushing for transparency after Algoma Steel announced earlier this week that it has received CA$500 million in financing from the Canadian government.

Oregon Steel Mills lifts plate prices by $60/ton
Oregon Steel Mills has joined other producers in announcing a price increase of at least $60 per short ton on steel plate.

Algoma speeds up EAF transition, shifts focus to supplying mostly plate to Canadian market
Upended by the Trump regime's tornado of tariffs, Algoma Steel is pivoting on its cross-border business model, shifting its focus to supplying the Canadian market.

White House confirms use of ‘golden share’ to intervene at Granite City: Report
The White House confirmed it stepped in to block the halting of steel processing at U.S. Steel’s Granite City Works in Illinois, according to media reports.