Final Thoughts
March 28, 2014
Final Thoughts
Written by John Packard
Friday was a sad day at Sparrows Point as the dismantling of the facility took on the BOF (basic oxygen furnace). There was a controlled demolition of the BOF on Friday. Essentially, this leaves only the blast furnace to be destroyed. One of our instructors who lives close to the Sparrows Point facility told us the Star of Bethlehem which sits atop the blast furnace will be removed and given to the local community prior to the destruction of the furnace.
As I mentioned above in the very first article – this could be a very interesting week in the flat rolled steel industry. This is not a week to ignore what is going on around you. If you have information regarding specific mill positions, status of orders out of any of the affected mills or other information you would like to share, I will be in the office all week. You can reach me by email at: John@SteelMarketUpdate.com or by phone at: 800-432-3475.
