01
Aug
20:00
Energy demand shortfall still anchors Granite City plant
US Steel’s Granite City, Illinois, facility will remain idled until energy demand perks up, Kallanish learns from ceo Mario Longhi.
On a conference call with analysts, Longhi confirms that the 2.8 million short tons/year facility is still suffering from a shortage of demand. Granite City is the primary supplier of skelp to US Steel’s Lone Star Tubular Operations in Lone Star, Texas.
“Granite City sits idle until we see that market&…
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Anonymous
Very good overview of the weekly steel market.
Anonymous