Steel Mills
AK Steel to Idle Mansfield Operations for Two Weeks
Written by Sandy Williams
April 2, 2020
Cleveland-Cliffs said it will idle all of AK Steel Mansfield operations for the next two weeks to better align production with current weakness in the automotive market.
A 3-4 day maintenance outage was already scheduled for the facility and the company decided to extend it for a two-week period.
AK Steel Mansfield, in north central Ohio, operates two EAFs for its stainless steel melting, casting, hot and cold rolling and finishing operations. A spokesperson for Cleveland-Cliffs said the temporary shutdown is unrelated to the coronavirus outbreak.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Mexican court orders sale of officially bankrupt AHMSA
After failing to reach agreements with its creditors, Altos Hornos de México (AHMSA) has been formally declared bankrupt by a Mexican bankruptcy court.
AISI: Raw steel production edges back up
Domestic raw steel production recovered last week, after slipping the week prior, according to the latest American Iron and Steel Institute (AISI) data. Weekly production remains at some of the lowest levels recorded this year.
Cliffs closes its 2024 HR spot book
Cleveland-Cliffs announced the closing of its December order book for hot-rolled coil spot purchases, though it said contract bookings remain available.
Algoma changing fiscal year end to Dec. 31
Canada’ Algoma Steel has announced a change in its fiscal year end from March 31 to Dec. 31.
ArcelorMittal Q3 earnings down, still recovering from Mexico strike
ArcelorMittal’s earnings saw notable declines from a year earlier as the company said market conditions remain challenging.