Steel Mills
NLMK Indiana Resumes After Planned Outage
Written by Michael Cowden
November 18, 2021
NLMK USA has resumed production at its electric arc furnace (EAF) sheet mill in Portage, Ind., after a planned maintenance outage, according to sources familiar with the matter.
The outage at the mill – also known as NLMK Indiana – began earlier this month and had been expected to conclude in about a week.
NLMK USA typically takes a one-week outage every six months at the northwest Indiana mill – one over the summer and another in November or early December.
It makes hot-rolled coil, hot-rolled pickle and oil, and high carbon and alloy material, according to its website.
Its EAF has capacity of 680,000 tons per year, and its hot strip mill has annual capacity of one million tons per year, according to the Association for Iron and Steel Technology (AIST) 2021 Directory of Iron and Steel Plants.
By Michael Cowden, Michael@SteelMarketUpdate.com
Michael Cowden
Read more from Michael CowdenLatest in Steel Mills
Mexico’s TYASA breaks ground on SBQ rolling mill
Mexican steelmaker Talleres y Aceros (TYASA) broke ground this month on the construction of a new special bar quality (SBQ) rolling mill in the state of Veracruz.
Goncalves sees more US trade actions ahead, says Nippon deal for USS has ‘zero chance’
Cleveland-Cliffs’ Lourenco Goncalves thinks trade measures announced by the US government on Tuesday against China were just the opening salvo in a series of trade actions. Case in point: The Biden administration targeted China’s “unfair” trade policies with additional tariffs on an array of Chinese-made goods - including steel, aluminum, and EVs.
Nucor holds weekly HRC price steady after last week’s cut
Nucor chose to hold its consumer spot price (CSP) for hot-rolled (HR) coil steady this week after stunning the market last week with a significant price decline. The steelmaker said in a letter to customers on Monday morning that its $760-per-short-ton (st) CSP base price for HR coil is effective immediately. The price is unchanged from the CSP announced on May 6 but down $65/st from $825/st April 29.
Nucor’s Jellison set to retire, Spicer tapped for EVP role
Nucor said EVP Douglas J. Jellison plans to retire on June 8 after more than 33 years with the company. Randy J. Spicer will be promoted to EVP effective May 12.
Republican Senators demand Biden block USS sale to Nippon
Three vocal Republican senators are demanding that President Joe Biden block the sale of U.S. Steel to Japan’s Nippon Steel.