Final Thoughts
November 20, 2020
Final Thoughts
Written by John Packard
The thought of a possible steel shortage gained new ground this past week as news of spreading coronavirus infections at ArcelorMittal Burns Harbor, the breakout at the No. 2 caster at Dofasco, the slow return of production at Stelco due to a hack of their computer systems, and the continued strike at the NLMK USA plant in Farrell, Pa., has impacted tens of thousands of tons of production that was expected to be available by now. Service centers tell us they are seeing late shipments that range from two weeks to as much as six weeks late.
The late tons are affecting shipments to automotive and there are signs we could see some unplanned outages.
