Steel Mills
Cliffs to Idle HSM at AK Steel’s Dearborn Works?
Written by Tim Triplett
April 30, 2020
Steel Market Update sources and other trade press and are reporting that Cleveland-Cliffs is planning to immediately idle the hot strip mill at AK Steel’s Dearborn Works in Michigan for an indefinite period, possibly permanently, in response to the coronavirus crisis and other market pressures.
Cleveland-Cliffs, parent of AK Steel, declined to comment, saying the company is in a quiet period ahead of its first-quarter earnings call on May 11.
Sources say AK will move Dearborn’s slab rolling to its mill in Middletown, Ohio. Further details were unavailable. The company temporarily idled the blast furnace at Dearborn last month in response to the sharp decline in automotive demand.
In a letter posted on the mill’s Facebook site, UAW Local 600 President Steve LaBodie expressed disappointment that union members learned of the company’s plans to idle the Dearborn Works hot mill via press reports. “I am furious that our membership had to find out in such a manner,” he said. “This is terrible news and it’s going to negatively affect a lot of employees.”
Tim Triplett
Read more from Tim TriplettLatest in Steel Mills
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.
Ternium posts solid Q2, expects further shipment growth
Latin American steel producer Ternium delivered a solid performance in the second quarter of 2025. Performance was driven primarily by higher realized steel prices in Mexico, even as shipment volumes declined slightly across its regional portfolio.