Posted by steve on 8/14/2008, 2:32 pm, in reply to "SEVERSTAL WHEELING"
This would mean the melt shop at Mingo would be shut down, right?
--Previous Message--
: FOR THE LAST TWO DAYS, OFFICALS HAVE
: BEEN IN WHEELING MEETING WITH THE
: MEDIA & EMPLOYEES TO SHARE THEIR
: VISION FOR THE FUTURE OF THE STEEL
: MAKER. AS EXPLAINED IN TODAY'S
: WHEELING INTELLIGENCER, COMPANY
: OFFICALS SAID THAT "SPARROWS
: (POINT) PRODUCES BETWEEN 600,000 AND
: 750,000 TONS MORE SLABS THAN IT CAN
: PROCESS, MEANING THE SLABS COULD BE
: ROLLED INTO COILS AT MINGO JUNCTION
: HOT MILL. HE SAID THERE COULD BE AS
: MUCH AS 400,000 TO 500,000 TONS A
: YEAR COMING OUT OF MINGO JUNCTION TO
: GO TO DEARBORN TO FEED THE AUTO
: INDUSRTY."
:
: THIS SHOULD BE GREAT NEWS FOR THE
: WHEELING!!! THEY CURRENTLY HAUL COKE
: FROM SEVERSTAL'S FOLLANSEE COKE
: PLANT TO DEARBORN. THEY HAVE
: JOINTLY HANDLED THE SLAB TRAINS TO
: MINGO.
:
: IF ALL GOES AS ENVISIONED, THE
: FUTURE COULD BE BRIGHT. EVEN THOUGH
: HAVING A LOCAL STEEL PRODUCER BEING
: OWNED BY A RUSSIAN COMPANY LEAVES A
: SOUR TASTE IN MY MOUTH. (IN THE END
: IT WILL ALL BE DICTATED BY WHAT THE
: WORLD MARKET PLACE CAN HANDLE.)
:
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