Steel Mills
SSAB Takes Montpelier EAF Down for Maintenance
Written by Sandy Williams
June 28, 2020
SSAB’s Montpelier, Iowa, steel mill will begin a four-week outage starting on June 27. The downtime is for planned bi-annual maintenance, said a spokesperson for the company.
SSAB Americas operates two scrap-based electric arc furnaces, one at Montpelier and the other in Mobile, Ala., with a combined annual production capacity of 2.4 million tons.
In outlook remarks in May, SSAB said it was expecting shipments to contract sharply in second-quarter 2020 due to disruption from the COVID-19 pandemic. Average realized prices were also expected to be lower for the Americas division compared to pricing during the first quarter.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Wheeling-Nippon Steel raises Galvalume coating extras
The steelmaker released updated extras to customers on Oct. 15, marking the second adjustment in just six weeks following their early September revision
Cliffs offloading some FPT assets, considering HBI plant sale as well
Lourenco Goncalves confirmed that Cleveland-Cliffs is actively selling off portions of its Ferrous Processing and Trading (FPT) assets. Its direct reduction plant in Toledo, Ohio, may also be up for grabs...
SSAB cites US strength but flags tariff-driven uncertainty
The Americas segment of Swedish steelmaker SSAB delivered a stable third quarter, but with weaker shipments and continuing cautious demand. Plate prices held, but tariffs, slowing end-user demand, and...
AHMSA drama deepens as drawn-out bankruptcy slowly progresses
A former CEO goes to court for swiping tin. An OEM distributor slams the bankruptcy trustee for failing workers and creditors. The steelmaker fires back. Angry employees demand back pay as tensions rise in Monclova's steel saga.
Cliffs aligns with US critical mineral policy, moves forward with DOE-funded projects
Cleveland-Cliffs is positioning itself as a key player in America’s push for industrial independence.