Steel Mills
US Steel Doubling Warranties on Galvalume Coils
January 13, 2023
US Steel is increasing the warranty policy on Galvalume-coated coils.
The Pittsburgh-based steelmaker said it is doubling the standard limited warranty policy for Galvalume-coated coils used in nonresidential and residential building construction.
The new warranties will range from 40-60 years vs. 20-25 years for existing warranties, the company said in a statement.
“At US Steel, we understand and share the commitment of our customers and their customers who demand long performing, environmentally friendly building materials that are high quality and cost-effective,” said Ken Jaycox, US Steel SVP and chief commercial officer.
The company said the new warranties apply to coils shipped on or after Jan. 1, 2023, with heavier coating weights receiving longer warranties. Also, pre-painted products receive an additional 10 years of coverage.
Galvalume, a coating of zinc, aluminum, and silicon, is a registered trademark of BIEC International Inc.
By Ethan Bernard, Ethan@SteelMarketUpdate.com
Latest in Steel Mills
Nucor lowers 2024 output estimate for Brandenburg plate mill
Nucor has lowered the 2024 production estimate for its Brandenburg, Ky., plate mill due to soft market conditions.
SSAB adjusts output in weak Q3, readies for Q4 rebound
SSAB said lower plate prices in the US were the primary reason for reduced results in the second quarter. With a dismal Q3 outlook, the Swedish steelmaker is adjusting production across its facilities. That includes moving up its annual US mill outage in anticipation of a better Q4. SSAB Americas Revenues in the Americas segment […]
Topalian puts focus on “unfair” trade, eyes USMCA partners
Nucor’s top executive expressed concerns over unfair trade practices, highlighting increased steel imports from Mexico and Canada.
Cliffs sees close of Stelco buy, bottom to steel tags, and Mexico out of USMCA
Cleveland-Cliffs expects its acquisition of Canada’s Stelco to close later this year, which will help the the Cleveland-based steelmaker as a bottom to steel tags nears.
Nucor posts lower Q2 earnings, predicts tough Q3 too
Nucor recording lower second quarter earnings on falling steel prices. And the Charlotte, N.C.-based predicted that profits would be lower still in the third quarter, primarily because of weaker results from its steel mills divisions.