Steel Products

GrafTech Restarts Monterrey Ops
Written by Becca Moczygemba
November 20, 2022
GrafTech Mexico SA de CV is resuming operations after a brief hiatus.The Brooklyn Heights, Ohio-based graphite electrode producer initially announced the operational pause due to an operational license being out of date on Sept. 15, 2022.
“We are pleased to have received an order that allows for the immediate restart of our operations in Mexico,” said Marcel Kessler, CEO and president. “We remain committed to being a good corporate citizen and positively supporting the communities in which we operate, and we look forward to expanding our engagement with the Monterrey community for many years to come.”
Despite being back up and running, GrafTech expects a delay in approximately 10,000–12,000 metric tons of customer orders, which will impact its fourth quarter results.
The Monterrey facility, which employs over 550 employees, produces around 60,000 metric tons of electrodes annually, equating to around 30% of GrafTech’s overall annual capacity.
By Becca Moczygemba, Becca@SteelMarketUpdate.com

Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Products

Gap between US HR and offshore prices narrows on S232 reinstatement
Domestic hot-rolled (HR) coil prices moved higher this week, still largely outpacing increases seen in offshore markets. But the reinstatement of undiluted Section 232 tariffs on steel on March 12 cut the ballooning premium stateside prices had gained on most imports on a landed basis. The premium stateside tags had over prices abroad stood at […]

Nonresidential construction growth slowed in February: Dodge
The Dodge Momentum Index (DMI) saw moderate growth in February after reaching a record high the month prior, according to the latest data released by Dodge Construction Network. The February DMI rose to 225.6, a 0.7% increase from January’s downwardly revised reading of 223.9 and 27% higher than levels one year prior. “Planning momentum moderated […]

SMU Community Chat replay now available
The latest SMU Community Chat webinar reply is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. All past Community Chat webinars are also available under that selection. If you need help accessing the webinar replay, or if your company […]

Ten OCTG importers found guilty of duty evasion
Ten US importers are on the hook to pay two years’ worth of anti-dumping and countervailing duties that US Customs says they had tried to illegally evade.

Domestic CRC price gains still outpacing imports
US cold-rolled (CR) coil prices continued to rise this week, well ahead of offshore prices. The price spread between stateside-produced CR and imports reached a 14-month high in the week ended March 7. Steady price gains in overseas markets continue to be overshadowed by increases in domestic prices. The result? The US premium over imports […]