22
Sep
20:02
New US capacity a market-driven trend: AISI
The incoming addition of at least 6 million short tons of new electric arc furnace capacity in the US is part of a broad trend of the American industry reacting to market forces, Kallanish learns from American Iron and Steel Institute ceo Kevin Dempsey.
US Steel and Nucor both announced in the past week roughly $3 billion projects that will add 3m st each to US flat-rolled capacity in the 2024 timeframe. Separately, BlueScope is considering the addition of a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous