Steel Mills

Nucor and Port of Indiana to Develop Steel Barge Shuttle at Jeffersonville Port
Written by Sandy Williams
June 22, 2020
The Ports of Indiana has been awarded a Marine Highway Grant by the U.S. Department of Transportation’s Maritime Administration to develop a steel barge shuttle with Nucor Steel at its Jeffersonville port.
The project will allow barge shipments of steel coils from Ghent, Ky., to the Port of Indiana-Jeffersonville. The $778,766 project includes the construction of a 1.2-acre outdoor storage area and the purchase of a forklift for handling the coils. MARAD has awarded $545,136 to cover the funding gap needed to build the storage facility and buy the forklift. Ports of Indiana is providing the local funding match and will manage the grant administration.
Project partners also include Watco Co., Campbell Transportation Co., Voss Clark, Mill Steel and OKI Regional Council of Governments, who served as the original Marine Highway Project sponsor.
“We’re excited to partner with Nucor and our family of port companies to develop this project,” said Port of Indiana-Jeffersonville Port Director Jeff Miles. “This port provides critical multimodal connections for steel shipments and steel processors in the Midwest. We have 13 steel-related companies on-site that make our ‘Steel Campus’ a key transportation hub for U.S. steel producers, automakers and manufacturing facilities.”

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.

Granite City Works must remain open and other terms of the Nippon-USS deal
SEC documents also name Trump specifically as having veto power certain decisions are part of the “Golden Share” provision.