Steel Mills
Another Fire at ArcelorMittal Indiana Harbor
Written by Sandy Williams
February 24, 2020
A fire at ArcelorMittal Indiana Harbor East on Friday resulted in the evacuation of workers from the hot strip mill.
An ArcelorMittal spokesperson said the fire broke out at the 80-inch HSM #3 Coiler late Friday afternoon, Feb. 21. There were no injuries or explosions as a result of the fire.
“The two other coilers at the 80-inch HSM, Coilers #1 and #2, avoided damage during the event. The mill is operating and capable of meeting normal production rates with two coilers,” said the spokesperson.
The company said it does not expect the incident to affect Indiana Harbor’s ability to meet customer demand.
The Indiana Harbor #4 facility has returned to operation after a fire caused a temporary outage in December. Current production is through the #4 and #7 blast furnaces.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
AISI: Weekly raw steel output ticks higher
The volume of raw steel produced by US mills slightly increased last week, according to American Iron and Steel Institute (AISI) data. Last week’s production rate represents the second-highest level recorded this year.
Opening briefs filed in Nippon/USS lawsuit vs. US government
Together, Nippon Steel, Nippon Steel North America, and U.S. Steel announced the filing of their opening brief in their litigation to invalidate the government’s decision to block their announced merger. The brief lays out “how President Biden made a predetermined decision for political reasons, not national security, causing CFIUS to engage in a sham review […]
Cliffs blames muted auto demand for steep losses in 2024
Muted demand from the auto industry took a particular toll later in the year.
U.S. Steel losses widen, better times seen as BR2 ramp-up continues
U.S. Steel’s losses widened in the fourth quarter on lower steel prices, weaker demand, and startup costs relating to the expansion of its Big River Steel EAF sheet mill in Arkansas. But the Pittsburgh-based steelmaker said it expected results to improve in 2025 as Big River 2 – the project to double capacity at the Osceola, Ark., mill - gains steam.
Nucor set to soon bring plenty of new capacity online
The projects collectively represent ~65% of Nucor’s capital expenditures budget for this year.