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 ...
Companies involved in both producing steel and processing scrap say they are prepared to cooperate to bolster the steel ...
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 ...