NLMK idling light-gauge galvanizing line

Apr 25, 2013 | 04:19 PM | Catherine Ngai

Tags  NLMK, Sharon, galvanizing, galvannealed, idling line, light-gauge, Novolipetsk, James Banker catherine ngai

NEW YORK — NLMK USA is planning to temporarily idle one of its galvanizing lines in Sharon, Pa., "in order to balance current production with marketplace demand," according to an April 24 letter to customers.

The Portage, Ind.-based steelmaker, a division of Russia’s Novolipetsk Steel, told customers that it will temporarily idle its No. 2 galvanizing line at the facility starting in late May.

"Open orders for light-gauge (less than 0.018-inch) line No. 2 product will be coated (the) week of May 19. After this run, the line will shut down until conditions in the light-gauge galvanized market improve," James M. Banker Jr., NLMK USA’s executive vice president for commercial, wrote in the letter.....

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