Steel Mills
ArcelorMittal to Restart European Furnaces
Written by Becca Moczygemba
May 2, 2023
ArcelorMittal is expecting to soon bring two of its European blast furnaces (BFs) back online after two-month, unplanned outages.
A spokesperson for the Luxembourg-based company told SMU that they anticipate the BFs, one in Spain and one in France, to be back up and running between the end of this month and the beginning of June. The exact date is not yet available.
In March, a fire incapacitated one of the furnaces at its mill in Gijón, Asturias, in northeast Spain. The incident was followed by a similar occurence resulting in the idling of another BF at its Dunkirk plant in northern France.
By Becca Moczygemba, becca@steelmarketupdate.com
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Mills
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.
Nucor blames steel mills segment for depressed Q4 guidance
Nucor cited decreased volumes and prices in it steel mills segment as the key driver of its lower guidance for the fourth quarter.