Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Evraz steel mill in Pueblo, Colorado is undergoing an investigation by the Occupational Safety and Health Administration (OSHA) after a furnace explosion on May 29 that resulted in several workers injured. 


Eight workers were injured on Saturday as confirmed to Davis Index by a company source. All are expected to survive injuries but the status of each is presently not available as some remain in hospital. Several are in critical condition. 


A 130-ton furnace used to melt steel exploded. Market participants who sell scrap to the mills expect a limited or no scrap buy in June since the furnace will be out of commission for a few weeks at the minimum up to potentially all month. The company is assessing damage and determining if any aspects can return to operation prior to fixing the furnace at issue after OSHA clearance. 


Evraz has six manufacturing facilities in North America located in Oregon and Colorado in the US, and several in Saskatchewan and Alberta, Canada. EVRAZ North America also has 18 scrap operations in the US and Canada.

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