Steel Mills
January 16, 2022
Evraz NA Confirms One-Week Outages at Portland Plate Mill
Written by Michael Cowden
Evraz North America has taken an approximately one-week unplanned outage at its plate mill in Portland, Ore., market participants said.
The downtime was needed because of problems with a reheat furnace, they said.
The steelmaker has also scheduled a weeklong planned outage at the Portland plate mill in March, sources said.
A company spokeswoman confirmed that information provided to SMU was accurate. “Both outages are correct,” she said.
A subsidiary of Russian steelmaker Evraz, Evraz NA operates the only plate mill in the western U.S. The mill’s location near both deep-water ports and rail mean Evraz NA can supply Portland with imported as well as domestic slabs, according to the company’s website.
Plate prices, unlike those for sheet, are on mostly firm ground.
SMU’s plate price stands at $1,825 per ton ($91.25 per cwt), roughly unchanged from $1,820 per ton a month ago. Hot-rolled coil prices, in contrast, have fallen approximately 15% from $1,730 per ton to $1,480 per ton over that same period, according to SMU’s interactive price tool.
By Michael Cowden, Michael@SteelMarketUpdate.com
