Steel Mills
JSW Steel USA returns to SMA
Written by Ethan Bernard
May 22, 2024
JSW Steel USA has rejoined the Steel Manufacturers Association (SMA).
Additionally, JSW Steel USA CEO Rob Simon has rejoined SMA’s board of directors, SMA said in a press release on Wednesday.
He was also SMA chairman in 2011 when he served as an executive with Evraz North America. Simon was tapped as CEO for JSW Steel USA in March.
“We put a high value on SMA’s pursuit of policies that ensure the fair trade of steel and raw materials while recognizing and rewarding our efforts to decarbonize the supply chain,” Simon said in the release.
JSW Steel USA is a subsidiary of India’s JSW Steel. It operates an electric-arc furnace (EAF) steel mill in Mingo Junction, Ohio, and a plate and pipe mill in Baytown, Texas, and has ~750 employees.
“The support of JSW Steel USA puts additional force behind our efforts to promote policies that sustain, strengthen, and restore the domestic steel industry,” SMA president Philip K. Bell said.
Ethan Bernard
Read more from Ethan BernardLatest in Steel Mills
AISI: Raw steel production eases to 5-week low
Domestic raw steel mill production slipped to a five-week low last week, according to the latest figures released by the American Iron and Steel Institute (AISI). Weekly production is now at the third-lowest level recorded this year.
Nucor maintains HR price at $750/ton
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil was unchanged week on week (w/w) at $750 per short ton (st) on Monday, Nov. 18.
Mexican court orders sale of officially bankrupt AHMSA
After failing to reach agreements with its creditors, Altos Hornos de México (AHMSA) has been formally declared bankrupt by a Mexican bankruptcy court.
AISI: Raw steel production edges back up
Domestic raw steel production recovered last week, after slipping the week prior, according to the latest American Iron and Steel Institute (AISI) data. Weekly production remains at some of the lowest levels recorded this year.
Cliffs closes its 2024 HR spot book
Cleveland-Cliffs announced the closing of its December order book for hot-rolled coil spot purchases, though it said contract bookings remain available.