Steel Mills
April 13, 2023
Written by Michael Cowden
Remember the forecasts about 2023 being a normal year for steel? Instead, we find ourselves in a third consecutive year of “unprecedented” volatility.
But I wonder whether we’re seeing a rough redux of 2022 when it comes to sheet products. Namely, sheet prices shooting sharply higher in Q1 only to correct lower in early Q2.
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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