Middletown Ohio


Find us on
 Google+ and Facebook


 

Home | Yearly News Archive | Advertisers | Blog | Contact Us
Thursday, March 28, 2024
FORUM CITY SCHOOLS COMMUNITY
  New Posts New Posts RSS Feed - AK Steel to idle Kentucky steel mill
  FAQ FAQ  Forum Search   Events   Register Register  Login Login

AK Steel to idle Kentucky steel mill

 Post Reply Post Reply
Author
Vivian Moon View Drop Down
MUSA Council
MUSA Council


Joined: May 16 2008
Location: Middletown, Ohi
Status: Offline
Points: 4187
Post Options Post Options   Thanks (0) Thanks(0)   Quote Vivian Moon Quote  Post ReplyReply Direct Link To This Post Topic: AK Steel to idle Kentucky steel mill
    Posted: Oct 16 2015 at 2:29pm

Posted: 1:45 p.m. Friday, Oct. 16, 2015

AK Steel to idle Kentucky steel mill

By Chelsey Levingston

Staff Writer

Butler County steelmaker AK Steel announced Friday plans to temporarily idle some operations of its Ashland Works steel mill in Kentucky due to unfair trade concerns.

The blast furnace and related steelmaking operations at the facility will stop operations but AK Steel said it does not intend to idle the hot-dip galvanizing line that primarily services automotive customers.

AK Steel has appropriate steelmaking capacity at its other plants to meet customer requirements and does not expect any interruptions in shipments to its customers, according to the company.

“We are taking this necessary step due to the onslaught of what we believe are unfairly traded imports of carbon steel that have been flooding our shores. These imports have substantially reduced order intake rates, production rates, shipment volumes and selling prices,” said James Wainscott, chairman, president and chief executive officer of AK Steel, in a written statement. “We will continue to closely monitor market conditions and run our overall operations as efficiently as possible to continue to meet our customers’ needs.”

West Chester Twp. based AK Steel operates eight steel plants including the Ashland site and Middletown Works.

We will update this story with more information.

 

Back to Top
 Post Reply Post Reply
  Share Topic   

Forum Jump Forum Permissions View Drop Down



This page was generated in 0.102 seconds.
Copyright ©2024 MiddletownUSA.com    Privacy Statement  |   Terms of Use  |   Site by Xponex Media  |   Advertising Information