Declining Activity at Evraz Pueblo Plant Signals Supply Risks for Steel Buyers

The Evraz Pueblo steel plant, located in Pueblo, Colorado, is owned by Evraz Group and boasts a significant production capacity of 1.1 million tons of crude steel annually. This facility primarily processes finished rolled steel products, including rail, wire rods, coiled reinforcing bars, and seamless pipes, serving crucial sectors such as transportation.

Recent satellite-based observations indicate a -7.43% overall decrease in operational activity at the Evraz Pueblo steel plant, highlighting potential supply risks for buyers amid a fluctuating market landscape. Below is a timeline of observed thermal activity by key equipment:

The electric arc furnace (EAF_0) exhibited fluctuations, peaking at 46% activity in November 2024 before experiencing a notable decline to 40% by April 2025. The power plant mirrored this trend, revealing a drop from 56% to 47% over the same period. Such a downward trajectory raises concerns given the contrasting production increases reported by other global steel producers, such as Belgium’s 6.2% rise in Q1 2025 and Zaporizhstal’s 2.6% growth for the same timeframe.

For steel buyers and market analysts, the observed decline in activity at Evraz Pueblo could translate into supply constraints, especially as the overall steel landscape shows mixed signals with some regions experiencing growth while others face stagnation. The diminishing output from Evraz amidst rising global production could create bottlenecks and lead to price volatility in the market.