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Old Posted Jan 10, 2018, 4:52 PM
drpgq drpgq is offline
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Stelco opts to shore up steelmaking infrastructure in Hamilton
Decision to stabilize furnaces leads to speculation could fire up production

https://www.thespec.com/news-story/8...e-in-hamilton/

Is Stelco's new owner laying the groundwork for a return to steelmaking at the former Hilton Works?

Six years after U.S. Steel Canada shut down the blast furnace on the bay, and only six months after emerging from bankruptcy protection, the plant is abuzz in anticipation of a steel manufacturing renaissance and the return of hundreds of new jobs.

A new report — from the authority that has been keeping track of developments relating to Stelco's court-supervised creditor protection — says Stelco has decided to stabilize rather than demolish some key components of its steelmaking infrastructure: three basic oxygen furnaces (BOF) that were idled along with the blast furnace.
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