Asset Report
Gary steel plant
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Located on the south shore of Lake Michigan, Gary is US Steel's largest steel plant and produces hot rolled coil, cold rolled coil, hot dip galvanised (HDG) and electro-galvanised steel products. Most of the steel produced is sold to automotive, metal building components, home construction and appliance markets. Gary has four blast furnaces (BFs) — #4, #6, #8 and #14. In June 2019, US Steel announced it was temporarily suspending production at Gary's BF #8 due to weak market conditions. A few months later, the company restarted the furnace but, following the coronavirus crisis, opted to idle it back again in early April 2020. For the same reason, US Steel opted to idle BF #4 in late March and BF #6 at the beginning of May. As market conditions gradually improved in the US towards the mid-end of 2020, US Steel decided to bring all the three once-idled furnaces back online. BF #6 was restarted in July, #8 in August and #4 in December. In September 2022, opted to idle BF #8 one more time.
Table of contents
- Summary
- Key issues
- Iron Ore
- Coal
- Coke
- Metallics
- Energy
- Capital costs
- Operating cash costs
Tables and charts
This report includes the following images and tables:
- Detailed map
- Participation
- Steel plant overview
- Key raw materials rates
- Downstream products
- Finished steel production
- Production table (Mt)
- Capital costs
- Total operating cash costs - Finished steel
- Operating cash cost table
- Economic assumptions
What's included
This report contains:
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