Steel Markets

GM Confirms Downtime at Bowling Green, Ky., Assembly Plant
Written by David Schollaert
April 24, 2022
General Motors will take a week-long downtime at its Bowling Green, Ky., assembly starting Monday, April 25, a company spokesperson told Steel Market Update (SMU).
“Only plant down next week is Bowling Green,” he said. “Last-minute issue popped up – a part shortage, not chip-related.”
The plant specializes in assembling GM’s Y-body sports cars. The week-long pause will also disrupt part of Chevy’s Corvette production.
The news from the Detroit-based automaker comes after Toyota slashed its April production by an estimated 47,000 vehicles because of the chip shortage. That brought Toyota’s total to 157,000 vehicles since the start of 2022. And most automakers continue to regularly adjust production schedules based on parts availability.
Microchip and parts shortages have been a drag on the North American auto industry for the better part of two years.
This week, however, most other automakers reported it was business as usual.
Stellantis, Chrysler’s European parent company, said all assembly plants were operating except its Jefferson North plant in Detroit. The facility is undergoing a $900 million retooling and modernization project.
Ford, Honda, Nissan, Daimler, and Subaru all reported normal production.
By David Schollaert, David@SteelMarketUpdate.com

David Schollaert
Read more from David SchollaertLatest in Steel Markets

CRU: China’s indirect steel exports find new destination markets
The boom in China’s direct steel exports has not stopped this year, even with a rise in protectionist measures globally. The increase is driven by...

Great Lakes iron ore cargoes down in September as Cleveland tonnage slips
Iron ore shipments from US Great Lakes ports fell sharply in September, per the latest from the Lake Carriers’ Association (LCA) of Westlake, Ohio.

HVAC equipment shipments down through August
Although total HVAC shipments fell in August, YTD volumes remain relatively strong. Nearly 15 million units were produced in the first eight months of the year, the fourth-highest rate in our 19-year data history.

Sheet market sources slam tariffs for prolonged demand slump
Tariffs are ultimately to blame for stagnant demand in the hot-rolled coil market, domestic market sources tell SMU.

Week in Review: Sept. 29 -Oct. 3
Let’s take a quick tour of some key stories from SMU in the week of Sept. 29 - Oct. 3.