Steel Mills

ArcelorMittal USA to Shut Down BF #3 at Indiana Harbor
Written by Sandy Williams
November 12, 2019
ArcelorMittal USA will shut down its blast furnace #3 at Indiana Harbor West. The furnace has reached the end of its current operational life and will be taken down in a safe and orderly fashion, said a spokesperson for the company. The furnace could be restarted in the future “if customer demand merits the necessary capital investments for a new campaign.”
The removal of the BF #3 production capacity will not impact AM’s ability to meet current customer demand. The 35 employees at the blast furnace operations will be reassigned to other positions at Indiana Harbor. No layoffs are anticipated.
“We are not idling the furnace and it should not be reported as an idling, which is something you might do purely for market reasons,” said the ArcelorMittal spokesperson in a statement to SMU. “It is being taken down because it has reached the end of its current campaign and requires significant capital investment for continued operation.”
Indiana Harbor will continue operations with blast furnaces #7 and #4 with a combined daily capacity of 16,400 tons. Blast furnace #3 had a capacity of 4,300 net tons per day.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Hot-rolled coil market remains slow, market participants say
Hot rolled spot market participants reported another week of moderate demand and ample supply, with no strong signs that conditions will change next week.

CRU: Blackout knocks out ArcelorMittal mill ‘for months’
Truchas works in Lazaro Cadenas, Michoacan, western Mexico. Repairs may take up to six months.

Nippon Steel posts quarterly loss on cost to buy U.S. Steel
Nippon Steel earnings take hit from buy of U.S. Steel.

Atlas completes Evraz NA deal, renames firm, and hires former USS exec as CEO
Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.

ArcelorMittal: As tariffs slow global growth, Calvert could be a bright spot
ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.