• Skip to main content

    Market Segment

    September 13, 2022

    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

    Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

    Read more from Laura Miller

    Latest in Market Segment

    Sheet market expects broad price stability and ‘hot’ HR demand

    Some domestic hot-rolled (HR) coil market participants say they expect prices remain stable through the end of 2026.  Asked why prices would hold and not slip, sources said they anticipate mills won’t suddenly have much more capacity for spot orders. They also noted that the annual summer doldrums haven’t sent demand into a precipitous decline. They contend that most in the steel industry expected […]