Steel Products
AM/NS Suffers Minor Tornado Damage
Written by Tim Triplett
October 9, 2017
ArcelorMittal reports that a portion of its mill in Calvert, Ala., suffered minor damage over the weekend due to a small, localized tornado related to Hurricane Nate. The company halted production on Friday night for safety reasons, but resumed operations Sunday afternoon.
No injuries were reported, and there was no damage to production lines or equipment. Warehouse and administration buildings did suffer some minor exterior damage.
“We are fortunate that after weathering Hurricane Nate, we expect no impact on AM/NS Calvert’s ability to meet customer demand,” said a company spokesman.
{loadposition reserved_message}
Tim Triplett
Read more from Tim TriplettLatest in Steel Products
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]
Steel buyer spirits tempered by soft spot market conditions
Steel sheet buyers report feeling bogged down by the ongoing stresses of stagnant demand, news fatigue, tariff negotiations or implementation timelines, and persistent macroeconomic uncertainty.
CRU: US stainless prices to rise on expanded S232 tariffs
Stainless prices in the US market will rise, following price increases by major US producers. Our base case scenario incorporates higher US prices in the near term, despite the initial negative reaction by the market. US stainless prices will go up in 2025 H2 and will stay elevated in 2026 as tariffs on stainless […]
Galvanized steel demand unsteady amid lingering buyer fatigue: HARDI
Uneven demand for galvanized steel in June reflects a market that remains mired in uncertainty, according to industry sources.
OCTG industry salutes Customs for catching trade crooks
The US OCTG Manufacturers Association is commending US Customs for intercepting another Thai company's attempt to illegally transship Chinese oil pipe to the US.