23
Dec
20:45
US Steel's EAF move aims at saving cash
US Steel’s postponement of its planned electric arc furnace at its Fairfield site in Alabama, seems like a bid to conserve cash in an increasingly hostile oil and gas environment, market sources tell Kallanish.
The EAF at Fairfield, near Birmingham, which produces both flat-rolled and tubular products, was US Steel’s most recent casualty. The facility has undergone layoffs over the past year and officially shuttered its blast furnace in November. Nex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous