Steel Mills
July 15, 2015
Closure of Indiana Harbor West Unsubstantiated
Written by Sandy Williams
Indiana Harbor West is not on the cutting block according to ArcelorMittal USA CEO Andrew Harshaw. In response to media reports that an asset rationalization may occur involving the Chicago area mill, Harshaw said, “What I want to assure you is that we have no intention of reducing our blast furnace capacity in the United States.”
Harshaw said in a blog on the company website that he was “surprised by the news articles” that originated with a KeyBanc note to their clients.
