Acero Junction has started the process of running their first slabs. We, along with the rest of the world, were given a peak at the process when someone from within the mill took a video of the first “bar” which is the first step of the rolling process once the heated slab leaves the re-heat furnace.
Here is a local news story on the story.
Our sources have advised us that Acero Junction anticipates rolling approximately 50,000 tons of slabs during the 1st Quarter (by the end of March) and then to expand production to 100,000 tons in the 2nd Quarter 2017. The hot strip mill is capable of running 2.5-3.0 million tons of hot rolled coil.
There is an electric arc furnace (EAF) at Acero Junction left over from the Wheeling-Pittsburgh days. Our sources are advising that the mill may attempt to bring the EAF online in the later stages of the 2nd Quarter.
Steel Market Update has attempted to contact Acero Junction on a number of occasions and has not yet received a response to our direct inquiries. We will continue to try to establish a dialogue with the mill in the coming days and weeks.
John PackardRead more from John Packard
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