Steel Mills
April 7, 2020
North Star BlueScope Expansion on Hold
Written by Sandy Williams
BlueScope Steel says it will delay the North Star BlueScope expansion under way in Ohio for six months to minimize cash expenses as part of its strategy to maintain financial health during the COVID-19 crisis. The full scope of the project will resume when conditions improve.
BlueScope Managing Director and CEO Mark Vassella said, “We are drawing on all our resources, experience and expertise to keep our employees, customers and communities safe and to look after their health and well-being. We are also taking direct action to maintain the financial strength of our business.”
