by Guest » July 26, 2021, 10:44 pm
The latest weekly rate of capability utilization ending Saturday July 24, 2021 was 84.6% in the US at 1,868,000 tons of raw steel.
However, production in the Great Lakes basin has stagnated at around 640,000 tons on average per week for a quite a while now. Where weekly raw steel production has increased is in the Southern US due to the coming online of new electric-arc furnaces. At the beginning of the year, weekly Southern US raw steel production was 643,000 ending on January 2 and has now increased to 804,000 for the week ending July 24, 2021.
US steel mills are adding 13.5 million tons of electric-arc furnace (EAF) flat-rolled steelmaking capacity in the next couple of years. Big River Steel started a second EAF in December 2020, while Steel Dynamics will be commissioning a new 3-million tons-per-year flat-rolled steel mill in Sinton, Texas and Nucor has increased hot-rolled capacity from 1.6 to 3.0 million-tons-per-year at its mill in Ghent, Kentucky.
Big River Steel is planning to build a second second steel mill along the Gulf Coast in the next year or two.
Getting back to the big, beamy Roger Blough, a personal favourite of mine, from pictures I've seen posted to the Bay Shipbuilding Group on Facebook, it appears that there is activity going on around her stern. Perhaps she's being repaired, I don't know.
The latest weekly rate of capability utilization ending Saturday July 24, 2021 was 84.6% in the US at 1,868,000 tons of raw steel.
However, production in the Great Lakes basin has stagnated at around 640,000 tons on average per week for a quite a while now. Where weekly raw steel production has increased is in the Southern US due to the coming online of new electric-arc furnaces. At the beginning of the year, weekly Southern US raw steel production was 643,000 ending on January 2 and has now increased to 804,000 for the week ending July 24, 2021.
US steel mills are adding 13.5 million tons of electric-arc furnace (EAF) flat-rolled steelmaking capacity in the next couple of years. Big River Steel started a second EAF in December 2020, while Steel Dynamics will be commissioning a new 3-million tons-per-year flat-rolled steel mill in Sinton, Texas and Nucor has increased hot-rolled capacity from 1.6 to 3.0 million-tons-per-year at its mill in Ghent, Kentucky.
Big River Steel is planning to build a second second steel mill along the Gulf Coast in the next year or two.
Getting back to the big, beamy Roger Blough, a personal favourite of mine, from pictures I've seen posted to the Bay Shipbuilding Group on Facebook, it appears that there is activity going on around her stern. Perhaps she's being repaired, I don't know.