US steel buyers watchful of production woes amid winter storms
US steel buyers were keeping a close eye on potential supply disruptions Feb. 16 as winter storms and cold temperatures caused power outages and transportation issues throughout the Central US and Texas.
Multiple service center sources said they were hearing issues among mini-mill producers in assuring reliable energy supply as parts of the country were issuing rolling blackouts amid the record cold temperatures and high demand.
A buy-side source said he was offered steel from a mini-mill supplier dealing with the frigid temperatures, but they had to walk back the offer as natural gas usage was being curtailed.
Zug Island mill still operates with fraction of workforce
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Some U S Steel Gary Works employees say mill is a COVID-19 superspreader ; company says it s doing all it can
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