Steel Mills
U.S. Steel BF Outage to Last 48 Days
Written by Sandy Williams
December 12, 2019
U.S. Steel is planning a 48-day outage for its #4 blast furnace at Gary Works that will begin early in the second quarter of 2020. Maintenance will include shotcrete and skip incline improvements. The seven-week outage will affect an estimated 200,000 tons of raw steel production.
The idled BF #8 has been restarted to provide production while BF #4 is out. The outage costs for the maintenance have been included in U.S. Steel’s 2020 capex guidance of $950 million.
U.S. Steel says it will continue to evaluate its North American flat rolled blast furnace footprint to support its “best of both” (BOF/EAF) strategy.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
SDI profits soar in Q3’25 amid ‘record’ steel shipments
Steel Dynamics Inc.’s third-quarter profits jumped year over year as the company saw “record” quarterly steel shipments
Cliffs leans hard into auto after aluminum supply chain shock
Cleveland-Cliffs executives pointed to growing automotive demand as the engine driving a turnaround at the company.
CMC to strengthen precast position with Foley Products acquisition
Commercial Metals Co. (CMC) will acquire Newman, Ga.-based Foley Products Co. for $1.48 billion, making it the number three US precast concrete producer.
Cliffs posts Q3 loss, but sees upside in slab contract exit and auto deals
Cleveland-Cliffs Inc. pointed to signs of recovery in its third-quarter earnings report on Monday. Improved automotive volumes and a better product mix drove sequential gains, but the steelmaker’s financials continue to bled red.
CMC Q4 profits rise on improved market conditions
CMC reported higher net earnings in its fiscal fourth quarter on "better market conditions" across its segments.