TK’s new melt shop expected to pressure mart

Dec 14, 2012 | 12:20 PM | Thorsten Schier

Tags  stainless, ThyssenKrupp Stainless, Inoxum, Outokumpu, ThyssenKrupp, Thorsten Schier

NEW YORK — The domestic stainless market might see little immediate impact from the start-up of ThyssenKrupp Stainless USA Inc.’s melt shop at its Calvert, Ala., facility, although at full capacity it is expected to put pressure on the domestic stainless market, sources told AMM.

"Congratulations to them, but I don’t think it changes the dynamics in the marketplace (in the short run)," one analyst said, adding that with the company having already been cold-rolling material at the facility since late 2010, its market behavior was unlikely to change dramatically. "They could have done that (grow market share aggressively) last year or this year."....

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