MMFX targets high-strength steel growth

Jul 17, 2013 | 03:04 PM | Samuel Frizell

Tags  MMFX Technologies, Cascade Steel Rolling Mills, Thomas Russo, Department of Transportation, high-strength steel, American Association of State Highway and Transportation Officials, rebar, Samuel Frizell

NEW YORK — Demand for high-strength reinforcing steel is growing in the United States, and MMFX Technologies Corp. is expanding its operations as contractors and engineers increasingly turn to longer-lasting steel, chief executive officer Thomas Russo told AMM in an interview.

"There’s a huge market in high-strength rebar," Russo said. "No longer is it acceptable for a bridge to be built with a life-cycle expectation of 50 years. (The Department of Transportation is) saying they want more life out of their infrastructure developments and they’re challenging engineers to build structures that have a 100-year life cycle."....

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