Steel Mills
September 12, 2019
CRU: U.S. Minimill Costs Drop Below Integrated Mill Costs…But for How Long?
Written by Tim Triplett
By CRU Analyst Ryan Smith
Operating costs for flat-rolled minimill producers have dropped in 2019 as weaker steel markets have pulled down metallics prices. This has meant that operating costs for minimills are now in line with integrated producers in the USA. However, the current cost level is not expected to be maintained. (See related article, “Minimills Have a Big Cost Advantage, Right? Not So Fast…”, elsewhere in this issue.)
