Economy
Fire Knocks Out Steel Technologies’ Pickle Line
Written by Tim Triplett
April 23, 2019
Steel Technologies is assessing the operational impact from a fire early Monday morning that knocked out power and damaged the pickle line and pickle bay at its Ghent, Ky., plant. No injuries were reported from the incident.
State and local officials have confirmed that chemicals used in production were contained in designated storage vessels, the company said. Slitting and warehousing bays and inventory suffered no damage.
“Steel Technologies would like to thank the Gallatin County Emergency Management Agency and the numerous first responder teams for their quick action and guidance,” stated Michael Carroll, CEO and President. “We expect all slitting, shipping and receiving bays to be operational within the week. The pickle line is expected to be down for the foreseeable future and we are addressing that with our customers accordingly.”
The 244,500-square-foot Ghent facility was originally built in 1995 and has over 110 employees. Capabilities include pickling, leveling and slitting of flat-rolled steel.
Steel Technologies, based in Louisville, Ky., is a leading processor of steel and aluminum with a network of 25 operations across North America.
Tim Triplett
Read more from Tim TriplettLatest in Economy
Second steel derivatives S232 inclusion window opens, business community voices concern
The US Department of Commerce announced that its second window for submitting applications for the inclusion of derivative steel and aluminum products in Section 232 tariffs is now open, according to the US Federal Register. September’s Inclusion Window Sept. 15 through Sept. 29, applicants can email requests for inclusions to the Defense Industrial Base Programs. The first […]
Steel Summit: ITR economist urges execs to prepare for growth, not recession
If the steel industry professionals who made it to the very final presentation of this year’s SMU Steel Summit were expecting another round of cautious forecasting, they were in for a surprise. Because what they got was a wake-up call.
ISM: Manufacturing growth remained down in August
US manufacturing activity remained muted in August despite a marginal gain from July's recent low, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.
Steel Summit: Dr. Basu blames tariffs for riskier path ahead
Steel executives packed the main conference hall of the 2025 SMU Steel Summit on Tuesday, Aug. 26, to hear economist Dr. Anirban Basu lay out his blunt view of tariffs, inflation, and demand.
Steel Summit: Schneider sees SDI ‘on the edge of a very good run’
Steel Dynamics Inc. (SDI) President and Chief Operating Officer, Barry Schneider, remains bullish about the Fort Wayne, Ind.-based steelmaker’s position in the current market.