Natural gas fueling US steel growth
May 08, 2013 | 02:28 PM
| Catherine Ngai
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, thats 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 Technologys AISTech 2013 conference in Pittsburgh.
"Were 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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