Natural gas fueling US steel growth

May 08, 2013 | 02:28 PM | Catherine Ngai

Tags  AISTech, AIST, natural gas, steel, steelmakers, U.S. Steel, Mario Longhi, Nucor DRI

PITTSBURGH — Access to affordable natural gas will help ensure that U.S. steelmakers remain competitive in a global environment, with some domestic companies having already capitalized on its benefits, according to a number of industry executives.

"With natural gas in our country, that’s nothing short of what oil did 100 years ago for the manufacturing environment," Mario Longhi, vice president and chief operating officer of U.S. Steel Corp., told attendees May 8 at the Association for Iron and Steel Technology’s AISTech 2013 conference in Pittsburgh.

"We’re producing products that are enabling new technologies to be put in place and to extract and distribute natural gas throughout the nation. Natural gas is ... a transformational event, not just for the steel industry but for manufacturing in general," he added.....

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