Steel Mills
Former JSW Steel USA CEO to join AM/NS Calvert
Written by Laura Miller
April 16, 2024
Steel industry veteran Mark Bush announced he will be joining AM/NS Calvert as area manager steelmaking.
Bush has been involved in the steel industry for more than 30 years. He’s held various positions with SSAB Americas, including general manager of the company’s operations in Mobile, Ala. In 2020, he joined JSW Steel USA in Baytown, Texas, as CEO. He stepped down from that role in 2022 to pursue other opportunities.
The first 1.65-million-short-ton-per-year electric-arc furnace (EAF) at AM/NS Calvert is expected to come online by the end of this year. A second EAF with the same capacity is still in the works.
AM/NS Calvert is a joint venture between ArcelorMittal and Nippon Steel. In 2014, the partners purchased the hot rolling, cold rolling, coating, and finishing mill located in Calvert, Ala., from ThyssenKrupp Steel for $1.5 billion.
Laura Miller
Read more from Laura MillerLatest in Steel Mills
Nucor drops weekly HR coil price by $10/ton
Nucor lowered its weekly base spot price for hot-rolled (HR) coil by $10 per short ton (st) this week.
Goncalves says Cliffs still has interest in USS buy
Cleveland-Cliffs Inc. would still be interested in acquiring some or all of U.S. Steel’s assets, if the proposed deal by Nippon Steel stumbles, according to an article in Bloomberg.
Algoma to conclude planned plate mill outage at month’s end
Algoma Steel Inc. expects to wrap up a previously announced outage on its plate mill by the end of this month, a company spokeswoman said. The outage is part of the Canadian flat-rolled steelmaker’s $130 million CAD ($95 million USD) modernization project. It began in mid-April.
SDI execs detail April outage at Sinton, address ‘robust’ HR-CR spread
Steel Dynamics Inc. (SDI) executives said the company's Sinton, Texas, sheet mill should be able to increase melt capacity after an outage earlier this month. Sinton should see "additional improvements in production" after taking "several maintenance days in April," Barry Schneider, SDI president and COO, said in a Q1 earnings conference call on Wednesday.
SSAB Americas Q1 results hit by lower plate prices, demand
Lower demand and prices for steel plate impacted SSAB Americas’ results in the first quarter, Swedish parent company SSAB said in its Q1'24 interim report.