01
Jun
01:00
US Steel buys out AK Steel's interest in Double Eagle coating jv
US Steel has purchased AK Steel’s interest in the Dearborn, Michigan-based Double Eagle Steel Coating Co (Desco) joint venture for $25.2 million, Kallanish reports.
Desco’s 700,000 ton/year electrolytic-galvanizing line (EGL) will become part of the larger operational footprint of US Steel’s Great Lakes Works. The line -- the only one in North America capable of providing both EG (zinc free) and EGA (iron/zinc alloy) coatings -- provides cu…
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Anonymous
Very good overview of the weekly steel market.
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