Steel Mills

NLMK USA Output and Sales Increase in Q1
Written by Sandy Williams
April 18, 2017
NLMK USA steel output increased by 53 percent quarter-over-quarter in Q1 2017 to 180,000 tonnes and by 15 percent year-over year.
Flat steel output rose 27 percent q/q to 530,000 tonnes (up 16 percent y/y) due to strong demand in the United States. Sales were up 33 percent from last quarter to 560,000 tonnes driven by growing demand in the OCTG and construction sectors.
Slab deliveries to NLMK USA from NLMK Lipetsk increased 37 percent q/q to 390,000 tonnes. First quarter slab deliveries on a year-over-year basis were up 146 percent.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Nucor’s Utermark to retire in June
Chad Utermark, executive vice president of new markets and innovation, plans to retire effective June 7.

Nippon could up investment in USS facilities to $7B: Report
It's the latest twist as the proxy battle heats up for Pittsburgh-based U.S. Steel.

Hybar expansion still on the table as Arkansas mill startup nears
As Hybar nears the completion of its $700-million rebar mill in Arkansas, the company said it is still “actively considering” building other steel facilities in the southern US.

Global steel production edges lower in February
February’s global raw steel output is tied with last December's for the fourth-lowest monthly production rate recorded over the past two years.

Fate of U.S. Steel hangs in the balance
The future of U.S. Steel remains unclear, but the proxy fight for control of the company is heating up. Shareholders will cast their votes on the company's future at the annual meeting in May.