USS’ EF plan hailed despite concerns

Feb 03, 2014 | 10:33 AM | Catherine Ngai

Tags  steel, U.S. Steel, USS, EF, electric-arc furnace, blast furnace, ArcelorMittal, Nucor Nippon Steel & Sumitomo Metal

NEW YORK — U.S. Steel Corp.’s proposal to build an electric-arc furnace (EF) has been hailed as a step in the right direction for the company, although the steelmaker will have to address certain concerns by sheet market participants regarding a possible dislocation and ensuing imbalance in its supply chain.

The Pittsburgh-based integrated producer last month said it was taking initial steps toward building an EF at its Fairfield (Ala.) Works (amm.com, Jan. 29). While installing an EF at Fairfield doesn’t mark the company’s first foray into scrap-based steelmaking—U.S. Steel operated an EF shop in Baytown, Texas, a few decades ago—some industry players consider the move a radical one.

"They say that a new broom sweeps clean," one Mid-Atlantic service center source said. "Mario (Longhi, U.S. Steel’s president and chief executive officer) has moved quickly and has plans. Things are looking on the upside."....





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