shortfalls are expected in the special bar quality (SBQ) supply
chain as a result of the temporary idling of operations by a
handful of mills for regular seasonal maintenance, producers
and customers said, with some mills already having performed
maintenance earlier this year.
Three Timken Co.
facilities in the Canton, Ohio, area will experience shutdowns
for routine maintenance this summer, a spokeswoman told
AMM. "We expect the Gambrinus and Harrison steel
plants to conduct their shutdown from June 30 through July 6.
We also expect the Faircrest steel plant will have a similar
shutdown (from) Aug. 25 through 31," she said.
wont perform maintenance at its Canton melt shop, which
was upgraded in the first quarter of this year, according to
executive vice president Ted Thielens. However, "all bar mills
and cold-finishing plants will have their traditional one-week
maintenance outages in July," he added.
built as needed, our SBQ mills in Monroe and Jackson, Mich.,
recently completed routine maintenance and we will complete
routine maintenance at our mill in Fort Smith, Ark., this
month," a spokeswoman at Gerdau Special Steel North America
said. "We continue to ship material as scheduled to meet our
Cold drawers, bar
processors and distributors arent concerned about being
able to get product.
wont be any issues," one national bar distributor based
in the Southeast said. "I did expect to see some plant
shutdowns across the board outside of automotive grades."
"We have heard some
producers may take longer maintenance outages because I
dont think they are extremely busy," a Midwest bar
processor said. Neither he nor the national distributor had
received formal notices of mill outages, however.
"It is an odd market
right now," a Great Lakes cold reducer said. "You can get steel
made in three weeks. There are holes in mill schedules (that
one can exploit) when you have a need for quick
Wayne, Ind.-based Steel Dynamics Inc.s July scrap
surcharge, at $255.33 per ton ($12.77 per hundredweight), is
unchanged from June. Nucor Corp. also left its raw material
surcharge unchanged for orders shipping next month.
Neither Nucor nor SDI
responded to requests for comment.