Stelco to install pig iron caster at Lake Erie Works

摘要

Pittsburgh—Canadian steelmaker Stelco will install a new pig iron caster at the company's Lake Erie Works in Nanticoke, Ontario, to increase the company's capacity and offer pig iron sales to the merchant market, Stelco CEO David Cheney said in a conference call with industry analysts Thursday. Construction of the new facility is to coincide with a blast furnace reline at the Lake Erie Works scheduled for the second quarter of 2020, with the company to be in a position to begin pig iron shipments in Q3, according to the company's third quarter earnings release.