Steel Mills
Acero Junction in Trial Coil Stage
Written by John Packard
January 29, 2017
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 Packard
Read more from John PackardLatest in Steel Mills
Steel Summit 2024: Stelco CEO reflects on strategy, growth, and sale to Cleveland-Cliffs
In a candid fireside chat with SMU Senior Analyst/Editor David Schollert, Stelco’s CEO Alan Kestenbaum opened up about Stelco’s pending sale to Cliffs, his business strategy, outlook for the industry, and plans for the future. The chat took place on Tuesday, Aug. 24, at the 2024 SMU Steel Summit in Atlanta.
AISI: US steel shipments unchanged in July vs. June, down on-year
Domestic steel shipments remained nearly flat in July month over month but fell from a year earlier.
Media reports: Biden could block USS sale on national security concerns
President Joe Biden could block the $15-billion sale of U.S. Steel to Japan's Nippon Steel by citing national security concerns That’s according to reporting in the Washington Post and the Financial Times that was later picked up by the New York Times as well as in wire services.
USS threatens to cut ‘thousands’ of jobs, move HQ if Nippon sale blocked
U.S. Steel could slash thousands of jobs, shift away from integrated steelmaking, and move its headquarters out of Pittsburgh if its acquisition by Nippon Steel isn’t completed, the company’s top executive said. “We want elected leaders and other key decision makers to recognize the benefits of the deal was well as the unavoidable consequences if the deal fails,” company President and CEO David Burritt said in a statement on Wednesday.
CRU: SSAB to expand Mobile plate mill
SSAB plans to spend $12 million to boost production capacity at its electric-arc furnace (EAF) plate mill in Mobile, Ala. The Sweden-based steelmaker will do that by expanding the existing furnace there. Shot blast equipment will also be upgraded. The expanded capacity is expected to come online late next year. The mill currently has an […]