Steel Mills
March 16, 2023
Written by Becca Moczygemba
Lead times are increasing and so are prices. Do I sound like a broken record yet?
This week’s survey showed that a whopping 61% of participants think lead times will remain flat two months from now. Based on historical data, March through June is high season for the HVAC sector. Taking that into account, we can probably anticipate lead times to move out a bit more going into summer.
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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