Steel Mills

Algoma Furnace Rebuild Cuts Production
Written by Sandy Williams
August 26, 2017
The No. 7 blast furnace at Algoma Steel is currently undergoing maintenance in order to rebuild one of the four furnace stoves. The project was begun in July and is expected to take four months to complete.
Steel production will be reduced by approximately 78,000 tons during the maintenance period. As a result, Algoma expects revenue to decline by $60 million and profits by $25 million, reported Soo Today.
Monthly production averaged 192,000 net tons in June and July 2017, according to the latest monitor’s report.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Algoma Aims To Ramp Plate Production by Year End
Algoma Steel Inc. plans to ramp up production at its modernized plate mill toward the end the year. Operations Update The Canadian sheet and plate producer said it in the meantime continues hot commissioning at the upgraded facility and has begun cold commissioning as well. The company said it has also run trials through the […]

BREAKING NEWS: Nucor Maintains Plate Prices
Nucor Corp. will keep plate prices unchanged with the opening of its November order book.
Sheet Lead Times Mixed, Plate Plummets
While lead times for sheet again had mixed movements this week, those for plate collapsed, according to SMU’s most recent market survey.

Nucor to Partner With Fusion Company To Power US Mill
Nucor has announced a collaboration with fusion power company Helion to develop a 500-megawatt nuclear fusion power plant.

USW Taps McCall as New President After Conway’s Passing
The United Steelworkers International (USW) executive board on Tuesday appointed David McCall as the union’s new international president. He will fill the remainder of Tom Conway’s term.