SSAB Restarts Raahe Blast Furnace after Maintenance Sweden’s leading steelmaker SSAB has restarted the1.3 million tonne blast furnace at its Raahe plant, which was taken out of operation in November. SSAB’s CEO Mr Martin Lindqvist said “The European market remained weak during the fourth quarter and SSAB adjusted production and brought forward maintenance of one of the blast furnaces in Raahe. The assessment is that the market has stabilized, although there is continued uncertainty, and SSAB re-started the blast furnace at the start of this year.” Swedish steel maker SSAB while releasing quarterly results in October end had announced that “The market outlook is uncertain due, among other things, to rising inflation, component shortages and bottlenecks in logistics chains as well as to the fallout from the war in Ukraine. The European market has weakened and SSAB Europe has adjusted production by lower volumes of construction-related products. To reduce capacity in the fourth quarter, maintenance of one of the blast furnaces in Raahe will be brought forward and start in mid-November. The maintenance work is expected to last for 6-8 weeks. The outlook for the markets of SSAB Special Steels and SSAB Americas is considered to be more stable.” Raahe’s restart is in line with BF resumptions at US Steel Kosice and ArcelorMittal Gijón.
SSAB Restarts Raahe Blast Furnace after Maintenance Sweden’s leading steelmaker SSAB has restarted the1.3 million tonne blast furnace at its Raahe plant, which was taken out of operation in November. SSAB’s CEO Mr Martin Lindqvist said “The European market remained weak during the fourth quarter and SSAB adjusted production and brought forward maintenance of one of the blast furnaces in Raahe. The assessment is that the market has stabilized, although there is continued uncertainty, and SSAB re-started the blast furnace at the start of this year.” Swedish steel maker SSAB while releasing quarterly results in October end had announced that “The market outlook is uncertain due, among other things, to rising inflation, component shortages and bottlenecks in logistics chains as well as to the fallout from the war in Ukraine. The European market has weakened and SSAB Europe has adjusted production by lower volumes of construction-related products. To reduce capacity in the fourth quarter, maintenance of one of the blast furnaces in Raahe will be brought forward and start in mid-November. The maintenance work is expected to last for 6-8 weeks. The outlook for the markets of SSAB Special Steels and SSAB Americas is considered to be more stable.” Raahe’s restart is in line with BF resumptions at US Steel Kosice and ArcelorMittal Gijón.
