U.S. Steel Doubles Capacity Near Big River Mill
The move comes amid an extended supply chain crisis that has made it more difficult for manufacturers to get their hands on finished steel.
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U.S. Steel
Construction of Steel Mill Could Ease Price Pressures
The new mill represents a bet by U.S. Steel that demand will remain elevated for an extended time. The spot market price for sheet steel is nearly $2,000 a ton, up from less than $500 a ton during summer 2020.
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