CHICAGO U.S. Steel Corp. has no immediate plans to
restart steelmaking operations at its Hamilton Works in
We would love to be making steel in Hamilton. But
weve got to find a way to do that and make money at the
same time, U.S. Steel chairman and chief executive
officer John P. Surma said during a conference call with
analysts Jan. 29.
The Pittsburgh-based steelmaker is keeping an eye on market
conditions; should they become favorable, the company will
determine if the trend is sustainable. Then we take a
look at costs and say, Is this something we can do based
on what the demand is? Surma said.
But the conditions necessary to resume steelmaking in Hamilton
have not occurred, given that overall steel consumption in the
United States and Canada remains about 10 percent below
pre-recession levels, Surma said.
Its taking a while to get back to that, he
said. Were making gradual progress every year. ...
But we just havent had the right combination of
While the company isnt making steel at its Hamilton
Works, it has resumed cold-mill operations at the plant
following a nearly yearlong labor dispute with unionized
amm.com, June 18
Hamiltons Z-line is processing steel coils made at the
companys Lake Erie Works in Nanticoke, Ontario (
amm.com, March 22
). The Z-line, which features the
worlds largest zinc pot, was built to serve the
automotive industry, according to U.S. Steels website.
Surma also noted that while the steelmakers labor
agreement with employees at its Lake Erie Works is set to
expire April 15, were optimistic well be able
to reach a competitive contract without any disruption,
The last time Lake Erie Works employees and the company were
engaged in negotiations, union workers were locked out for
eight months before the two sides struck their three-year labor
deal in April 2010 (
amm.com, April 16, 2010