Steel Mills
February 9, 2023
Written by David Schollaert
The spread between hot-rolled coil (HRC) and galvanized coil base prices have been in holding pattern. The spread has been hovering around the $200 per ton ($10 per cwt) since the end of November.
Figure 1 shows both SMU’s hot rolled and galvanized prices.
ArcelorMittal plans to build a new electrical steel manufacturing facility near its AM/NS Calvert joint-venture mill in Alabama. The steelmaker plans to produce 150,000 metric tons (165,350 short tons) of non-grain-oriented electrical steel (NOES) annually there through its wholly owned subsidiary, ArcelorMittal Calvert LLC. ArcelorMittal revealed its plans for the new mill on Monday, following the Department […]
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