Steel Mills

CRU: Blackout knocks out ArcelorMittal mill ‘for months’
Written by CRU
August 5, 2025
The analysis above was first published by CRU. To learn about CRU’s global commodities research and analysis services, visit www.crugroup.com.
Damage caused by two power outages has forced ArcelorMittal to bank the blast furnace at its Las Truchas works in Lazaro Cadenas, Michoacan, western Mexico. Repairs may take up to six months.
The company has stopped production lines, which mainly produce rebar, and has declared force majeure following the July 22 incident. Putting right the damage will take four to six months, reducing the company’s production by around 30%, local media reported.
The power outage caused “irreversible damage to our steam turbines, damaging three of the four that are necessary for the safe operation of the blast furnace,” company director Victor Cairo was quoted as saying in a letter sent to suppliers. “We are forced to stop production, supplies, distribution, and inherent logistical activities.”

Latest in Steel Mills

Cleveland-Cliffs quietly removes name from Steelton mill
The Cleveland-Cliffs name has been removed from its idled Steelton rail mill. SMU asked Cliffs about the move and if it might signal that it is selling the mill...

Nucor sees sequentially lower Q3 profits across all three business segments
Nucor's third-quarter earnings will be down quarter-over-quarter, but still higher than a year earlier.

Hyundai still on for Louisiana steel mill despite US raid at Georgia battery plant
Hyundai has reaffirmed its commitment to build a steel plant in Louisiana following a US government immigration raid at its battery facility in Georgia.

Hybar lowers output forecast, owning up to EAF startup delay
Hybar LLC’s rebar mill in Osceola, Ark., is now melting scrap and will soon be fulfilling orders, according to CEO David Stickler, despite a six-to-eight-week delay caused by commissioning the world’s first Aura electrical system.

Steel Dynamics guides to more metal, more money in Q3
Steel Dynamics Inc. is bullish heading into the close of the third quarter, with all three of its operating segments tracking higher.