Final Thoughts
March 2, 2018
Final Thoughts
Written by John Packard
Oscar Night, so I will keep my comments short and sweet…maybe.
I was told by one of our readers over the weekend that it would cost U.S. Steel $100 million to re-start Granite City. They wanted to know if that was correct? I did some checking with a number of analysts and was told that Granite City would cost about $10-$15 million dollars and take about 12 weeks to come back up. I do not have information on AK Steel, but my expectation is Ashland would cost $5-$15 million to bring back to life. We are checking with USS and AK Steel to see what plans they have to bring the steelmaking operations and whatever rolling facilities that are not running now back to life. We will report back.
