Steel Mills

Algoma Maintenance Shutdown Lays Off 300-330 Workers
Written by Sandy Williams
September 11, 2016
Essar Steel Algoma will lay off 300-330 personnel during a maintenance shutdown of the plate and strip complex this week, said Brenda Stenta, manager of corporate relations for Algoma. The layoffs are only temporary and employees should return to work after about a week. The maintenance shutdown coincides with a weakness in the plate market that resulted in the layoff of 70-85 employees just before the Labor Day weekend.
Stenta said the company is “flexing production levels” while correcting technical problems at its No. 7 blast furnace. No disruption of steel shipments or service to customers is anticipated.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Algoma fires up EAF steelmaking with first arc
Algoma Steel reached a milestone in its transformation from blast furnace to electric arc furnace (EAF) steelmaking, with its Unit One EAF achieving its first steel production this week.

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.