Login  |  Register          Free Newsletter Subscription
Zibb
Subscribe to Purchasing
Email
Print
Reprint
Learn RSS

Blast furnace outage cuts Severstal's steel production 35%

By Tom Stundza -- Purchasing, 4/10/2008

An expected lengthy outage of one of two Severstal North America iron-making blast furnaces will reduce the Dearborn, Mich., steel mill's overall production volume by 35% this year. The parent firm, JSC Severstal of Russia, says the blast furnace outage output reduction could last for 18–24 months. The million ton/year "B" furnace has been shut since early January due to "a breach of the furnace's shell," the company says in a news release. It is the smaller of two blast furnaces at the 3.5 million ton/year sheet plant. Market insiders speculate that the shortage could force Severstal North America to defer shipments to smaller-volume customers to focus on major end users, including auto and appliance makers. The company says the larger "C" furnace is operating and production is expected to reach nearly two million tons of annual capacity late in the third quarter.

Email
Print
Reprint
Learn RSS

Talkback

We would love your feedback!

Post a comment

» VIEW ALL TALKBACK THREADS

Related Content

Related Content

 

By This Author

Sponsored Links

 
Advertisement
Sponsored Links

More Content

  • Blogs
  • Purchlive

Blogs

  • Robert J. (Bob) Garino
    Commodities Update

    October 10, 2008
    No way to start, or end, another week on the equity, commodity exchanges
    Ye gads, it’s all about global financial volatility; some would say “mayhem,” as concerns over world economic growth mount--there......
    More
  • View All BlogsRSS
Advertisements





NEWSLETTERS

Click on a title below to learn more.

Resource Center E-Alert (Monthly)
Price + Supply Alert (Weekly)
Monday Midday Business Report (Weekly)
Electronics Distribution and Global Sourcing (Monthly)
IdeaFile (Twice Monthly)
Supplier Web Locator (4x/year)
About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   FREE Subscription   |   RSS
© 2008 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Use of this Web site is subject to its Terms of Use | Privacy Policy
Please visit these other Reed Business sites