• Skip to main content

    Market Segment

    NLMK USA Sales Increase in Q2

    Written by Sandy Williams


    NLMK USA second quarter crude steel production rose to 130,000 tonnes (143,298 tons), a 39 percent increase from the previous quarter. Finished steel output totaled 490,000 tonnes (540,123 tons), up 20 percent q/q.

    USA sales in Q2 grew 12 percent q/q to 480,000 tonnes (529,100 tons). Hot rolled steel production was up 20 percent to 267,000 tonnes and galvanized steel up 17 percent to 86,000 tonnes (94,797 tons). Cold rolled sales fell 5 percent q/q to 125,000 tonnes (137,786 tons).

    Latest in Market Segment

    JSW Steel USA completes $110M modernization at Texas mill

    JSW Steel USA has completed a $110-million modernization project at its plate mill in Baytown, Texas, a company spokesperson told SMU. “Baytown is back up,” the spokesperson said. “The planned outage is complete, and the mill is running across all of our existing processes.” “Our newly installed equipment is now in the hot commissioning and trialing phase, which is an exciting next step for the site,” she added.

    USS, USW to resume labor talks on Friday, union predicts progress

    The United Steelworkers (USW) union will meet with U.S. Steel (USS) on Friday as negotiations around terms of a new labor contract continue. The meeting comes after the USW and Cleveland-Cliffs, one of U.S. Steel’s competitors, agreed to a tentative labor agreement last week. “USS knows how this process works. They agreed to meet with us on Friday. The company knows they need to move, so this meeting should be productive,” the union said in a text to members on Wednesday. U.S. Steel did not respond to a request for comment for this article.