27
Apr
01:00
Jordan Steel considers restarting or leasing EAF, but scrap shortage persists
Jordan Steel is exploring the possibility of restarting or leasing its electric arc furnace meltshop after the unit was idled in January. However, the lack of domestically available scrap would make it difficult for the firm to compete against imported billet, Jordan Steel says in its latest annual report.
The EAF was idled due to increasing losses incurred from high electricity prices and competition from rebar imports, as well as a lack of domestic scrap s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous