22
Nov
15:55
Stelco expects fast earnings from new pig facility
Stelco’s planned 1 million short ton/year pig iron facility at its Lake Erie Works in Nanticoke, Ontario, should be almost immediately accretive to the company’s earnings when it comes online in the third quarter of 2020, Stelco executives say.
The facility’s construction will dovetail with the work’s blast furnace reline in Q2, and Stelco has already secured a letter of intent for a “...meaningful portion of the first two years&rsq…
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Anonymous
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