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U.S. Steel Manufacturers Carefully Return to Delayed Projects as Demand Inches Up

metals_minerals

Industry Segment: Metals & Minerals | Word Count: 673 Words
Attachment: COVID-USsteel0920

SUGAR LAND--September 21, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite some recent improvement in demand, U.S. steel producers continue to grapple with a market that has fundamentally changed within a matter of months as a result of the COVID-19 pandemic. Industrial Info is tracking more than $4.3 billion worth of projects at U.S. steel mills that have been delayed or canceled for reasons related to the pandemic, about 70% of which is attributed to projects in Ohio or Pennsylvania.

Within this article: Details on some of the highest-valued U.S. steel-manufacturing projects that have been delayed or otherwise affected by COVID-19 precautions, including those from major companies such as United States Steel Corporation (NYSE:X), Nucor Corporation (NYSE:NUE), Petmin Limited and Gerdau S.A. (NYSE:GGB).

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