Steel Mills
November 26, 2019
U.S. Steel Committed to Industrial Equipment & Construction Markets
Written by John Packard
The following article is written by John Packard, President & CEO, Steel Market Update
On Sunday, SMU published in my Final Thoughts the following: “There has also been discussion about U.S. Steel in the marketplace as to whether the mill has decided to concentrate on auto, appliance, energy and electrical markets and perhaps move away from other market segments. This could explain their decision to move away from indexed-based contracts and the removal of some of their blast furnaces from the existing market. I don’t know if this is indeed the case, and I will attempt to speak about this to U.S. Steel to see if we can get a response.”
