US Steel to cut production at Mon Valley
2020-04-26 10:17:58 [Print]
US Steel plans to cut additional blast furnace capacity at its Mon Valley location outside of Pittsburgh due to depressed demand conditions, according to multiple sources. Additional supply cuts are expected at its Gary Works location in Indiana, they said.
The steelmaker plans to take the No. 1 blast furnace at its Mon Valley works offline by the end of next week, according to the sources. The blast furnace has an annual capacity of 1.09 million st and is one of two at the mill. However, US Steel has no plans to take the smaller No. 3 blast furnace offline at the mill at this time.
Gary Works' No. 6 blast furnace was also expected to be taken offline, leaving only the No. 14 furnace running at the location, according to sources. The No. 6 furnace has an annual capacity of 1.23 million st, according to the Association for Iron & Steel Technology.
US Steel already announced it would be idling the No. 4 and No. 8 furnaces at the facility over the past month, with restarts depending on market demand.
The steelmaker plans to take the No. 1 blast furnace at its Mon Valley works offline by the end of next week, according to the sources. The blast furnace has an annual capacity of 1.09 million st and is one of two at the mill. However, US Steel has no plans to take the smaller No. 3 blast furnace offline at the mill at this time.
Gary Works' No. 6 blast furnace was also expected to be taken offline, leaving only the No. 14 furnace running at the location, according to sources. The No. 6 furnace has an annual capacity of 1.23 million st, according to the Association for Iron & Steel Technology.
US Steel already announced it would be idling the No. 4 and No. 8 furnaces at the facility over the past month, with restarts depending on market demand.
