Steel Mills

Correction: BlueScope Plans New U.S. Paint Line to Serve Construction Sector
Written by David Schollaert
September 26, 2021
(Editor’s note: This article corrects an earlier version that inaccurately reported the company is planning a new EAF. The plan is for a new paint line.)
BlueScope Steel Ltd. is looking to build a new facility in the eastern U.S., the company said during its recent investor webcast.
Mark Vassella, CEO of Melbourne, Australia-based steelmaker, said the new facility would support BlueScope’s painted and coated steel products, part of its Buildings North America business unit.
The company’s pursuit of downstream opportunities would be separate from BlueScope’s North Star EAF mill expansion nearing completion in Delta, Ohio.
The possible new investment would be a greenfield location, focusing on a paint line, a company spokesperson told SMU.
By David Schollaert, David@SteelMarketUpdate.com

David Schollaert
Read more from David SchollaertLatest in Steel Mills

SDI concerned with potential Brazil pig iron tariffs
Steel Dynamics Inc. (SDI) executives called a 50% tariff on Brazilian pig iron “concerning,” but think tariffs will be a “mainstay” of trade agreements going forward.

SDI earnings slip in Q2 as trade volatility hits customer orders
SDI profits slipped in second quarter amid trade policy volatility.

Cliffs puts ‘for sale’ signs up after another big quarterly loss
Cleveland-Cliffs lost more than $400 million for the third consecutive quarter but predicted results would improve in the second half of the year. And shares of the Cleveland-based steelmaker surged after company executives said during its Q2 earnings call on Monday that they could make billions by courting foreign investors or selling assets.

Algoma sees narrower Q2 loss but feels tariff sting
Algoma Steel expects a narrower sequential loss in the second quarter, but the company continues to be impacted by the US tariff situation.

Nippon plans to double steel output at USS operations: Report
Now that it has acquired U.S. Steel, Nippon Steel is planning a significant expansion of its US operations, including the construction of a new mill and more than doubling its steel output.