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    SSAB Starts Maintenance Outage at Iowa Plate Mill

    Written by Laura Miller


    A planned maintenance outage at SSAB America’s 1.25-million-tons-per-year plate mill in Montpelier, Iowa, began this week, the company confirmed to Steel Market Update.

    The outage had been planned for October but was moved up into September and is now expected to last through Oct. 5.

    Costs related to the outage were previously anticipated to be Swedish krona (SEK) 370 million (US$36.35 million).

    SMU has updated its electric arc furnace status table to reflect the development.

    By Laura Miller, Laura@SteelMarketUpdate.com

    Laura Miller

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    USW, USS, and Cliffs extend labor talks for 30 days, avert work stoppage

    The United Steelworkers (USW) union, U.S. Steel, and Cleveland-Cliffs on Monday agreed to extend the terms of their current labor contracts by 30 days. The current basic labor agreements between the USW and the two steelmakers had been scheduled to expire at 12:01 a.m. ET on Sept. 1. The extension allows the USW and the companies to continue negotiations. It also averts the immediate threat of a strike or lockout in a steel market already characterized by historically tight supplies.