29
Jan
20:29
AK Steel justifies Ashland closure with trade, competition
AK Steel’s decision to permanently shutter its Ashland, Kentucky, operations was based on continuing trade difficulties and a shift to higher-value products, company executives told analysts Tuesday via conference call.
The Ashland works’ hot-end operations have been idled since 2015, but AK Steel recently made the call to shutter the remaining coating line during the year. The company expects to save about $40 million/year by shuttering Ashland, Kal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous