Steel Mills
Evraz NA Confirms One-Week Outages at Portland Plate Mill
Written by Michael Cowden
January 16, 2022
Evraz North America has taken an approximately one-week unplanned outage at its plate mill in Portland, Ore., market participants said.
The downtime was needed because of problems with a reheat furnace, they said.
The steelmaker has also scheduled a weeklong planned outage at the Portland plate mill in March, sources said.
A company spokeswoman confirmed that information provided to SMU was accurate. “Both outages are correct,” she said.
A subsidiary of Russian steelmaker Evraz, Evraz NA operates the only plate mill in the western U.S. The mill’s location near both deep-water ports and rail mean Evraz NA can supply Portland with imported as well as domestic slabs, according to the company’s website.
Plate prices, unlike those for sheet, are on mostly firm ground.
SMU’s plate price stands at $1,825 per ton ($91.25 per cwt), roughly unchanged from $1,820 per ton a month ago. Hot-rolled coil prices, in contrast, have fallen approximately 15% from $1,730 per ton to $1,480 per ton over that same period, according to SMU’s interactive price tool.
By Michael Cowden, Michael@SteelMarketUpdate.com
Michael Cowden
Read more from Michael CowdenLatest in Steel Mills
USS confirms split CFIUS decision on Nippon deal; it’s now up to Biden
Nippon Steel's purchase of U.S. Steel could lead to lower steel output domestically, and that presents “a national security risk," the Washington Post reported.
USS/Nippon deal: Who will have the happiest holidays?
Will Santa bring gifts for the leadership, employees, and shareholders of U.S. Steel and Nippon Steel, and lumps of coal for USW leadership and politicians opposed to the deal?
‘Orderly liquidation’ of AHMSA assets begins
A trustee has formally taken over AHMSA and begun the liquidation process of the bankrupt Mexican steelmaker.
Nippon buying stake in Canadian iron ore project
Nippon Steel and a Japanese trading company have entered an agreement to buy a 49% interest in a Champion Iron ore project in Canada.
USS anticipates Q4 loss on weak demand, BR2 start-up
Amid a challenging pricing and demand environment, and with the ongoing ramp-up of the Big River 2 mill, USS is anticipating a loss for the fourth quarter.