Steel Products Prices North America

Hot Commissioning Begins on USS Gary Works' Pig Iron Caster
December 13, 2022
US Steel said hot commissioning is underway, and the first small batch of pig iron was cast at its Gary Works in northwest Indiana.
The Pittsburgh-based steelmaker said it has cast several full ladles of hot iron and produced over 1,000 tons of pig iron.
This occurred months ahead of schedule, while maintaining a perfect safety record since the start of construction in March 2022, the company said. US Steel celebrated the start of the $60 million, 500,000-tons-per-year caster in April.
“Congratulations to the entire team at Gary Works on achieving this latest milestone,” Scott Buckiso, senior vice president and chief manufacturing officer of the North American flat-rolled segment, said in a statement.
Gary Works has not reached full production of pig iron yet, but daily equipment and process testing ensure that progress toward production continues, US Steel said.
The company added that Gary Works remains on track to begin full production of pig iron in the first half of 2023.
By Ethan Bernard, Ethan@Steelmarketupdate.com
Latest in Steel Products Prices North America
SMU Price Ranges: Sheet Slips Again on Strike, But Is a Bottom in Sight?
Sheet prices slipped again this week on news of the United Auto Workers (UAW) strike and continued caution among some consumers.
HRC vs. Galv Price Spread Widened This Summer
The spread between hot-rolled coil (HRC) and galvanized sheet base prices widened throughout the summer as hot rolled prices declined faster than those of galvanized.
SMU Price Ranges: Sheet Slips Again on UAW Strike Fears
Sheet prices fell across the board ahead of what many market participants predict will be a strike by the United Auto Workers (UAW) later this week.

Nucor Lowers Plate Prices by $40/t
Nucor Corp. will lower plate prices by $40 per ton ($2 per cwt) with the opening of its October order book.
SMU Price Ranges: Sheet Prices Move Lower, No Bottom Yet
Sheet prices have fallen this week, after a small pause last week when prices saw mixed results. Tags have now been largely trending lower since July.