Market Segment
May 11, 2021
Written by Michael Cowden
NLMK USA is taking an unplanned seven- to 10-day outage on the hot-strip mill at its facility in Farrell, Pa., a company executive said.
The repairs are necessary because a motor failed on the reversing roughing mill, NLMK USA Executive Vice President James Banker told Steel Market Update on Tuesday, May 11.
Several steel trade organizations have called on President Trump to resist weakening Section 232 steel tariffs.
The US Commerce Department has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from South Korea.
ArcelorMittal told the government of Ukraine that it is unable to restart operations at its ArcelorMittal Kryvyi Rih steel plant in a “safe and sustainable manner” following Russian missile attacks.
After an annual administrative review, the Commerce Department increased the anti-dumping duties on large-diameter welded pipe from Turkey.
Global raw steel production slowed for the third month in a row in August, according to the latest figures from the World Steel Association (worldsteel).