Market Segment
May 27, 2021
Written by Michael Cowden
Cleveland-Cliffs is ramping up the No. 5 blast furnace at its steel mill in Cleveland, Ohio, after a minor incident earlier in the week, according to market participants.
A blowout on a tuyere resulted in limited damage, including melted wiring, and led to the furnace being down for several days, a source familiar with the matter told Steel Market Update on Thursday, May 27.
The US Department of Commerce has determined that the anti-dumping duty (AD) suspension agreement on cut-to-length plate imports from Ukraine should not be sunset.
Canton, Ohio-based specialty metals manufacturer Metallus has been awarded a contract valued at up to $995 million by the US Defense Logistics Agency (DLA), part of the Department of War.
U.S. Steel is investing $28.3 million in its Great Lakes Works in Michigan, with upgrades planned for its pickle line during a 30-day outage starting in October.
The result comes after Mexico’s Ministry of Economy completed a five-year sunset review of the anti-dumping duty (AD) order on imports of hot-rolled (HR) sheet from Russia and Ukraine.
President Trump said a trade deal with Canada could come within the next few weeks.