Steel Mills
Acero Junction in Trial Coil Stage
Written by John Packard
January 29, 2017
Acero Junction has started the process of running their first slabs. We, along with the rest of the world, were given a peak at the process when someone from within the mill took a video of the first “bar” which is the first step of the rolling process once the heated slab leaves the re-heat furnace.
Here is a local news story on the story.
Our sources have advised us that Acero Junction anticipates rolling approximately 50,000 tons of slabs during the 1st Quarter (by the end of March) and then to expand production to 100,000 tons in the 2nd Quarter 2017. The hot strip mill is capable of running 2.5-3.0 million tons of hot rolled coil.
There is an electric arc furnace (EAF) at Acero Junction left over from the Wheeling-Pittsburgh days. Our sources are advising that the mill may attempt to bring the EAF online in the later stages of the 2nd Quarter.
Steel Market Update has attempted to contact Acero Junction on a number of occasions and has not yet received a response to our direct inquiries. We will continue to try to establish a dialogue with the mill in the coming days and weeks.
John Packard
Read more from John PackardLatest in Steel Mills
Cleveland-Cliffs CEO seeks ‘American solution’ for U.S. Steel
He said a new entity would operate under the U.S. Steel name and would retain its Pittsburgh headquarters.
Cliffs, Nucor could buy U.S. Steel: Report
Cleveland-Cliffs could be teaming up with Nucor to make a play for U.S. Steel, according to an article at CNBC.
Biden extends deadline for unwinding Nippon/USS deal to June
The Biden administration has pushed back until June the date for which Nippon Steel must unwind its $14.9-billion dollar deal for Pittsburgh-based U.S. Steel, the companies said on Saturday.
Nucor to build third utility tower plant in Utah
The steelmaker is completing construction of two such production facilities in Alabama and Indiana.
Hyundai mulls building $6B sheet steel mill in southern US
Hyundai Motor Group is reportedly considering building a sheet steel mill just south of Baton Rouge, La.