Steel Mills

NLMK USA Output and Sales Increase in Q1
Written by Sandy Williams
April 18, 2017
NLMK USA steel output increased by 53 percent quarter-over-quarter in Q1 2017 to 180,000 tonnes and by 15 percent year-over year.
Flat steel output rose 27 percent q/q to 530,000 tonnes (up 16 percent y/y) due to strong demand in the United States. Sales were up 33 percent from last quarter to 560,000 tonnes driven by growing demand in the OCTG and construction sectors.
Slab deliveries to NLMK USA from NLMK Lipetsk increased 37 percent q/q to 390,000 tonnes. First quarter slab deliveries on a year-over-year basis were up 146 percent.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Hybar lowers output forecast, owning up to EAF startup delay
Hybar LLC’s rebar mill in Osceola, Ark., is now melting scrap and will soon be fulfilling orders, according to CEO David Stickler, despite a six-to-eight-week delay caused by commissioning the world’s first Aura electrical system.

Steel Dynamics guides to more metal, more money in Q3
Steel Dynamics Inc. is bullish heading into the close of the third quarter, with all three of its operating segments tracking higher.

AHMSA opens doors to potential buyers as $1.3B asset auction nears
AHMSA is opening its doors to potential buyers to tour its steel plant and mining operations in northern Mexico in preparation for the next stage of its bankruptcy process: the auction of its assets.

USW seeks clarity on USS plans for Granite City Works
The United Steelworkers union has asked U.S. Steel to elaborate on its Granite City Works plans following reports that the steelmaker is ending processing at the facility.

Nucor maintains plate prices, opens October order book
Nucor aims to keep plate prices flat for a seventh straight month with the opening of its October order book.