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geez, please read more than headliness! article clearly says this comes amid falling costs for steel because >5 other companies announced

Posted by: forlorne on Jun 19, 13:11 in response to professor zovek's post trade wars are so very good and easy to win that ......

plans to increase capacity or open new plants. "The decision comes amid falling steel prices in the U.S. due to worries of a glut from new capacity planned for the coming years. Major U.S. producers that had announced expansions or restarts include Nucor Corp., Steel Dynamics Inc., Commercial Metals Co."

And one of the US Steel furnaces being idled was planned for maintenance.





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