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As Steel Market Recovers, U.S. Metals Firms Look to $760 Million in First-Quarter Maintenance

As Steel Market Recovers, U.S. Metals Firms Look to $760 Million in First-Quarter Maintenance

metals_minerals

Industry Segment: Metals & Minerals | Word Count: 688 Words
Attachment: US-MMmaint1Q21

SUGAR LAND--January 5, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic continues to weigh on the Metals & Minerals Industry, but steel producers are benefiting from growing demand for materials used in cars, appliances and machinery, according to the American Iron and Steel Institute. With its capacity utilization improving from 51% in May 2020 to more than 73% just recently, the steel sector no doubt will look to proper maintenance to keep its facilities in their best condition. Industrial Info is tracking nearly 400 maintenance-related projects at related facilities across the U.S. that are set to kick off before the end of March, covering sectors from steel production to cement manufacturing.

Within this article: Details on some of the first-quarter maintenance projects set to kick off at facilities in the U.S. Metals & Minerals Industry, including those from major companies such as Cleveland-Cliffs Incorporated (NYSE:CLF) (Cleveland, Ohio), AK Steel, ArcelorMittal USA, United States Steel Corporation (NYSE:X) and Novelis Incorporated.

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