Steel Mills
AM/NS Calvert Outage to Focus on Hot Mill, Pickle Line: Sources
Written by Michael Cowden
March 19, 2021
AM/NS Calvert will take an approximately four-day planned outage on its hot strip mill and an approximately seven-day outage on the facility’s pickle line in May, according to sources familiar with the matter.
Steel Market Update had previously reported that the Alabama steel mill would take an outage in May. The latest information provides greater detail on that outage.
The hot mill outage will run from May 18-21 and the pickle line outage from May 10-16, sources said.
An AM/NS Calvert spokeswoman did not respond to a request for confirmation of those dates.
The slab conversion facility has the capacity to produce 5.3 million tons of flat-rolled carbon annually, according to the company’s website. That amounts to 14,521 tons per day, according to SMU calculations.
Calvert’s operations include a hot strip mill, a stand-alone continuous pickle line and three hot-dipped galvanizing lines.
Market participants generally seemed nonplussed by the short outage on its own.
The bigger impact is expected to come from integrated mill outages and, in particular, lengthy blast furnace outages, combined with a host of smaller electric-arc furnace and hot strip mill outages, they said.
By Michael Cowden, Michael@SteelMarketUpdate.com
Michael Cowden
Read more from Michael CowdenLatest in Steel Mills
SDI presses on with steel, aluminum investments
Steel Dynamics Inc. remains optimistic about its prospects as it ramps up flat-rolled steel operations and prepares for the production of aluminum products next year. Executives from the Fort Wayne, Ind.-based steelmaker provided an update on the company’s operations on a conference call on Thursday held to discuss SDI’s third-quarter earnings results.
CMC earnings slide, but still near top mark
CMC Fourth quarter ended Aug. 31 2024 2023 Change Net sales $1,996.1 $2,209.2 -9.6% Net income (loss) $103.9 $184.2 -43.6% Per diluted share $0.90 $1.56 -42.3% Full year ended Aug. 31 Net sales $7,925.9 $8,799.5 -9.9% Net income (loss) $485.5 $859.7 -43.5% Per diluted share $4.14 $7.25 -42.9% (in millions of dollars except per share) […]
SDI posts lower Q3 profit, sees better times in ’25
Steel Dynamics Inc. (SDI) reported a drop in third-quarter profits driven largely by lower flat-rolled steel prices. The Fort Wayne, Ind.-based electric arc furnace (EAF) steelmaker also saw scrap prices slip. That happened because of softer demand from domestic mills taking planned maintenance outages.
Cliffs hosts fireside chat on industry, union, government collaboration
Cleveland-Cliffs’s Chairman, President, and CEO Lourenco Goncalves hosted a fireside chat with US Trade Representative Katherine Tai and Acting Secretary of Labor Julie Su on Friday at the company’s plate mill in Coatesville, Pa.
Nippon agrees to sell Calvert stake, if USS deal closes
ArcelorMittal is set to take full ownership of AM/NS Calvert if Nippon Steel finalizes its pending acquisition of U.S. Steel.