Steel Mills
USS Granite City HSM, downstream ops continue despite idling of steelmaking
Written by Michael Cowden
December 8, 2023
U.S. Steel will continue to operate the hot strip mill and finishing lines at its Granite City Works in southern Illinois.
The Pittsburgh-based company told SMU that those operations would continue despite the “indefinite” idling of iron- and steelmaking at Granite City.
“Rolling and finishing lines will continue to run using slabs from other facilities in order to meet the needs of our customers,” a U.S. Steel spokeswoman said in an email to SMU.
Granite City sports an 80-inch hot-strip mill, a 51-inch pickle line, a 56-inch four-stand cold-reduction mill, and a 49-inch hot-dip galvanizing and Galvalume line, according to U.S. Steel’s website.
Recall that U.S. Steel announced the indefinite idling of steelmaking at Granite City in late November, including its ‘B’ blast furnace. Granite City has two blast furnaces: ‘A’ and ‘B’. The ‘A’ furnace was indefinitely idled in April 2020, according to SMU’s blast furnace status table.
The mill makes hot-rolled, cold-rolled, and coated sheet for customers in the construction, container, pipe and tube, service center, and automotive sectors. The facility, before the idlings, had annual raw steelmaking capacity of 2.8 million net tons, per U.S. Steel’s website.
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.