03
May
20:41
US Steel says investments spur confidence in future
US Steel’s decision to spend $1.2 billion on its Mon Valley Works ensures that the company remains relevant for the long-term, according to ceo David Burritt.
On the company’s first-quarter conference call, Burritt highlighted the advantages of a new thin-slab caster at its Edgar Thomson mill in Braddock, Pennsylvania, and a cogeneration plant at its Clairton, Pennsylvania, coke works.
“We expect to achieve a $35/short ton reduction in opera…
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Anonymous
Very good overview of the weekly steel market.
Anonymous