The steelmaker's plans include one new electric arc furnace, the restart of another and capacity expansion at a third mill. “The conversion from the blast furnace steelmaking process to the EAF ...
Management expects a "significant inventory drawdown beginning in the fourth quarter and accelerating through 2026 as we exit the blast furnace and coke oven operations and transition to a far more ...
Algoma Steel Group Inc. ASTL announced its first steel production at Unit One of its new electric arc furnace (“EAF”) project. This marks a significant milestone for the leading hot and cold rolled ...
As of December 2, the operating rate for 50 EAF steel mills primarily producing construction materials nationwide was 39.1%, up 0.74% WoW; the capacity utilization rate was 41.06%, up 1.17% WoW; the ...
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