Steel Mills
January 19, 2015
EVRAZ NA Expects Headwinds for OCTG in 2015
Written by Sandy Williams
EVRAZ North America produced 1.999 million tonnes (2.2 million net tons) of crude steel in 2014, down 8.8 percent from the total in 2013. Crude steel production increased by 5.7 percent to 528,000 tonnes (582,000 tons) in the final quarter of 2014 as compared to third quarter 2014. Finished steel products slipped 8 percent y/y in 2014.
The yearly decrease in crude steel and steel products was due to the shutdown of Claymont operations in Q4 2013. Excluding Claymont 2013 production, results in 2014 show crude steel production increased 3 percent and steel products increased by 4 percent.
