Steel Mills

SDI Columbus Takes Unplanned Hot Mill Outage, Pulls Forward Planned One
Written by Michael Cowden
October 5, 2023
Steel Dynamics Inc. (SDI) has lost some production this month at its sheet mill in Columbus, Miss., on a combination of planned and unplanned outages, according to sources familiar with the matter.
The Fort Wayne, Ind.-based steelmaker temporarily stopped running one of the two electric-arc furnaces (EAFs) at Columbus because of a minor fire in the vicinity of a transformer switch, the sources said. There were no injuries.
That fire happened on Friday, Sept. 29, and resulted in a one-week unplanned outage on one of two furnaces. Despite the unplanned outage, SDI was able to run the Columbus hot end at 60-70% capacity because the second EAF continued to operate normally.
The company also expects to use production from its sheet mill in Sinton, Texas, to help minimize the impact on customers of the unplanned outage at Columbus.
SDI in addition plans to pull forward into October a one-week planned outage on the Columbus hot end that had initially been scheduled for November. That planned outage will begin next week.
The combination of outages at SDI and at other mills appears to have stretched out lead times. SDI noted in a lead time sheet dated Thursday that lead times for most products at most of its sheet mills were “closed.”

Michael Cowden
Read more from Michael CowdenLatest in Steel Mills

Despite trade chaos, Barry Schneider upbeat on SDI, steel
With 30 years of experience at Steel Dynamics, Barry Schneider reflects on the company and the state of the steel industry.

Algoma Steel seeks CAD$500M in operational support
Algoma Steel applied to Canada’s federal Large Enterprise Tariff Loan (LETL) program for $500 million to support its long-term operations.

SDI concerned with potential Brazil pig iron tariffs
Steel Dynamics Inc. (SDI) executives called a 50% tariff on Brazilian pig iron “concerning,” but think tariffs will be a “mainstay” of trade agreements going forward.

SDI earnings slip in Q2 as trade volatility hits customer orders
SDI profits slipped in second quarter amid trade policy volatility.

Cliffs puts ‘for sale’ signs up after another big quarterly loss
Cleveland-Cliffs lost more than $400 million for the third consecutive quarter but predicted results would improve in the second half of the year. And shares of the Cleveland-based steelmaker surged after company executives said during its Q2 earnings call on Monday that they could make billions by courting foreign investors or selling assets.