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

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.

Granite City Works must remain open and other terms of the Nippon-USS deal
SEC documents also name Trump specifically as having veto power certain decisions are part of the “Golden Share” provision.