International Steel Mills
Protest forces shutdown of ArcelorMittal Mexico’s blast furnace
Written by Laura Miller
June 5, 2024
Steel production at ArcelorMittal Mexico has been interrupted due to an “illegal protest” and blockade outside the company’s mill in Lazaro Cardenas, Mich.
Some Sindicato Minero union members, dissatisfied with the profit-sharing payments they received, have been obstructing access to the mill since Friday, May 24.
As a result, ArcelorMittal had to stop blast furnace operations to ensure safety and mitigate risk, it said in a statement translated from Spanish on Wednesday, June 5.
“The illegal blockade … has resulted in the loss of more than 100,000 tons of production, generating an operational and financial crisis with serious economic repercussions,” the company said in the statement.
It added that the events are endangering the continuity of the mill’s operations.
The union had previously issued a strike notice to the company if an agreement was not reached by June 4. However, on June 3, the union extended the pre-strike period, setting a new strike date of June 11 at noon.
ArcelorMittal Mexico maintains it is open to dialogue with the union and has urged “dissidents to channel their demands through appropriate legal channels.”
The Lazaro Cardenas steel mill has an annual production capacity of 2.5 million metric tons (mt) of flat steel, 1.8 million mt of long products, and 1 million mt of slabs.
ArcelorMittal Mexico could not be reached for more information.
Laura Miller
Read more from Laura MillerLatest in International Steel Mills
CRU: JSW Steel powers to four-fold profit rise
India's JSW Steel reported a 307% year-on-year (y/y) jump in net profit to INR16.5 bn ($188 million, €161 million) in fiscal Q2.
SSAB cites US strength but flags tariff-driven uncertainty
The Americas segment of Swedish steelmaker SSAB delivered a stable third quarter, but with weaker shipments and continuing cautious demand. Plate prices held, but tariffs, slowing end-user demand, and...
CRU: Bids made for Ilva assets
The Italian government has received 10 offers for the former Ilva integrated steel works at Taranto, but only two bidders are interested in purchasing all of the company’s assets.
Global steel production declined through August
August marked the second-lowest monthly production rate this year, down 13% from the two-year high of 166.6 million mt in March.
Algoma Steel assesses viability of US sales in wake of 50% S232 tariffs
Canadian flat-rolled steelmaker Algoma Steel is reconsidering its presence in the US market after the doubling of US Section 232 tariffs on imported steel to 50%, a company spokeswoman said.