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 WilliamsRead more from Sandy Williams
Latest in Steel Mills
Kestenbaum looking at multiple ways to grow Stelco
Alan Kestenbaum, the CEO of Stelco, said the company is actively evaluating ways to grow the company, including both organic and inorganic opportunities.
Nucor board OKs new rebar micro mill for Pacific Northwest
Nucor Corp. announced plans to build a new rebar micro mill in the Pacific Northwest.
BlueScope officially mulling addition of CR and coating capacity in US
Australia's BlueScope Steel has begun making plans to potentially add cold rolling and coating capabilities in the US.
USW, USS reveal little after Friday meeting
Leadership of the United Steelworkers (USW) and U.S. Steel met on Friday to discuss the steelmaker’s pending sale to Nippon Steel Corp. (NSC).
Algoma restarts steel production after unplanned outage
Algoma Steel has restarted its blast furnace and resumed steelmaking at its mill in Sault Ste. Marie, Ontario.