Steel Mills
SDI Slates Four-Day Outage at Indiana Sheet Mill
Written by Michael Cowden
October 12, 2023
Steel Dynamics Inc. (SDI) plans to take a four-day outage at its sheet mill in Butler, Ind., according to sources familiar with the matter.
The outage will begin on Sunday, Oct. 15. It comes on the heels of an outage at the steelmaker’s sheet mill in Columbus, Miss.
SDI is just one of several domestic mills taking maintenance outages. Also, U.S. Steel last month idled steelmaking operations at its Granite City Works near St. Louis.
Lead times have stretched out because of those issues. They have also stretched out because mill price increases last month spurred more buying activity, market participants said.
Michael Cowden
Read more from Michael CowdenLatest in Steel Mills
CRU: Interest in AHMSA is growing
Representatives of at least six companies interested in acquiring AHMSA have reportedly begun to carry out physical inspections of the insolvent company’s assets.
USW urges Algoma to diversify product line as $500M lifeline meets wider Q3 losses
The United Steelworkers (USW) is pushing for transparency after Algoma Steel announced earlier this week that it has received CA$500 million in financing from the Canadian government.
Oregon Steel Mills lifts plate prices by $60/ton
Oregon Steel Mills has joined other producers in announcing a price increase of at least $60 per short ton on steel plate.
Algoma speeds up EAF transition, shifts focus to supplying mostly plate to Canadian market
Upended by the Trump regime's tornado of tariffs, Algoma Steel is pivoting on its cross-border business model, shifting its focus to supplying the Canadian market.
White House confirms use of ‘golden share’ to intervene at Granite City: Report
The White House confirmed it stepped in to block the halting of steel processing at U.S. Steel’s Granite City Works in Illinois, according to media reports.