Market Segment
April 5, 2022
Written by David Schollaert
Mexican flat-rolled steelmaker Altos Hornos de México (AHMSA) has restarted its No. 5 blast furnace following a planned two-week upgrade outage, a company spokesman said.
The 130 million pesos ($6.5 million) investment included upgrades to its continuous caster, coking plant ovens, service areas, and loading systems.
SMU’s latest Flat-Rolled Steel Survey points to largely stable demand, but foreign steel orders have softened since the previous survey, and service centers continue to report stronger activity than manufacturers.
Domestic raw steel output declined last week, after seeing continued swings over the past several weeks, according to the latest American Iron and Steel Institute (AISI) figures.
CRU Research Principal speaks about the implication of Mesabi Metallics' proposed steel mill in Iowa.
Nucor's consumer spot price for hot-rolled increased by $10/st w/w on Monday, Oct. 5 to $1,230 per short ton.
SSAB Americas aims to increase base plate prices by at least $60 per short ton (st), according to a letter sent to customers on Monday.