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
Pacific Steel breaks ground on California rebar mill
Pacific Steel Group has broken ground on its Mojave Micro Mill in Southern California.
Nucor lifts weekly HR spot price to $915/ton
Nucor has increased its weekly HR coil spot price for seven consecutive weeks.
American mills urge Trump to maintain no exceptions on steel tariffs
"We urge you to resist any requests for exceptions or exclusions and to continue standing strong on behalf of American steel," the companies wrote.
Cliffs CEO touts employee cash bonus for buying US-made vehicles
Cleveland-Cliffs Inc. has introduced a new employee incentive program to promote American-made vehicles, support domestic production, and strengthen US supply chains.
Auction of AHMSA assets is next step in bankruptcy proceedings
An inventory valuation of the assets of Altos Hornos de Mexico SA (AHMSA) has been completed. Local reports suggest an auction for the assets of the bankrupt steel company could come as soon as the end of this month.