The decision to idle blast furnace No.3 at the US Steel Mon Valley Works comes on the heels of the company’s September announcement that furnace No. 8 in Gary Works Indiana will also be idled, Kallanish reports. Industry professionals are contemplating the variety of reasons for the decisions by US Steel.
“In my opinion, they are trying to control prices as more capacity continues to come online. SDI [Steel Dynamics Inc] in Corpus Christi is…
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