Steel Mills

NLMK USA Output Drops 31% in 2015
Written by Sandy Williams
January 21, 2016
NLMK USA crude steel production for Q4 2015 totaled 0.08 million tonnes (metric tons), a drop of 46 percent from the previous quarter and 50 percent from the prior year. Finished steel output fell to 0.35 million tons in the quarter (-30% qoq and -27% yoy). NLMK attributed lower production to challenging market conditions and maintenance activities during the quarter.
NLMK USA sales fell 28 percent quarter over quarter to .36 million tonnes. Destocking of inventory and weak prices for rolled steel contributed to falling sales.
For the full year 2015 output was down 31 percent year over year to 0.46 million tonnes due to major repairs at NLMK Indiana at the beginning of 2015 and reduced output in the final quarter.
Yearly sales declined 13 percent to 1.76 million tonnes due to the influx of imported rolled products into the and flat demand.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Domestic mill shipments slip in July: AISI
US steel shipments decreased month over month in July, but were up from last year, according to the latest figures from the American Iron and Steel Institute (AISI).

Nippon and USS drop litigation vs. USW and Cliffs
Another chapter of the Great U.S. Steel Buyout of the 2020s melodrama has closed, with all involved parties terminating the litigation disputes between them.

Steel Summit: Analysts say demand likely to struggle until 2027
Steel industry analysts at this year's SMU Steel Summit said they see lackluster demand through this year and next.

USS Clairton begins full production of batteries 19 and 20, 13 and 14 hot idled
U.S. Steel has activated batteries 19 and 20 at its Clairton Coke Works facility after pausing each “out of an abundance precaution” following an explosion at the site on Aug. 11.

Steel Summit: Schneider sees SDI ‘on the edge of a very good run’
Steel Dynamics Inc. (SDI) President and Chief Operating Officer, Barry Schneider, remains bullish about the Fort Wayne, Ind.-based steelmaker’s position in the current market.