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Embattled Steel Market Drives U.S. Metals & Minerals Industry's Fourth-Quarter Maintenance

Embattled Steel Market Drives U.S. Metals & Minerals Industry

SUGAR LAND--September 18, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Metals & Minerals Industry is facing some of its toughest headwinds in years, as trade-related disputes and a slowing global economy have battered prices for steel, aluminum, copper and related commodities. Major industry players could be looking at a prolonged period of reduced capital spending, which would prioritize upkeep of their existing assets. Industrial Info is tracking more than $145 million in maintenance-related projects that are set to begin in the fourth quarter at facilities in the U.S. Metals & Minerals Industry, the majority of which are in steel production or metal rolling and fabrication.

Within this article: Details on maintenance-related projects that are set to kick off from October through December, from major industry players such as ArcelorMittal (NYSE:MT), United States Steel Corporation (NYSE:X), Ash Grove Cement Company and LafargeHolcim Limited.

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