Steel distributors wary of Big River project
Mar 28, 2013 | 03:03 PM
| Frank Haflich
PALM DESERT, Calif. Service center sources say they are somewhat less sanguine than some industry analysts at the prospect of another major entrant into the domestic flat-rolled steelmaking market.
The impact of steelmaking veteran John D. Correntis proposed Big River Steel LLC project in Arkansas might not be as benign as IHS Global Insight Inc. has indicated, members of the Association of Steel Distributors (ASD) said at its recent annual convention. Analysts at Lexington, Mass.-based IHS recently wrote that the U.S. market can likely absorb output from the $1.1-billion, 1.7-million-ton-per-year flat-rolled facility, provided additional capacity doesnt also come onstream (amm.com, March 26). ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.