Mittal Steel USA Idling Blast Furnaces in Response to Market
October 05 2006 - 11:03AM
PR Newswire (US)
CHICAGO, Oct. 5 /PRNewswire-FirstCall/ -- Mittal Steel USA is
idling two f its blast furnaces indefinitely to bring production
capabilities in line ith reduced levels of demand for light
flat-rolled products. The company is idling one blast furnace each
in its east and west regions -- at Mittal Steel USA - Cleveland,
and at Mittal Steel USA - Indiana Harbor in East Chicago, Ind.
While the furnaces are off line, required maintenance will be
performed. The furnaces will be reactivated when market conditions
warrant increased production levels. No employees will be laid off.
"We are confident that we can maintain and service our customers'
requirements working under this production configuration and are
committed to maintaining our customers' business," said Michael G.
Rippey, president and chief executive officer. About Mittal Steel
USA Mittal Steel USA, with its affiliates, is the largest steel
producer in North America and the largest integrated steel producer
in the United States. It serves a broad U.S. manufacturing base.
The company was formed in April 2005 and consists of the former
Ispat Inland Inc. and the former International Steel Group. It has
operations in 12 states of the United States. About Arcelor Mittal
Mittal Steel USA is a subsidiary of Arcelor Mittal, the world's
leading steel company by both revenue and production. The company
operates 61 plants across 27 countries, employing some 320,000
employees. DATASOURCE: Mittal Steel USA CONTACT: David C. Allen,
Mittal Steel USA Communications, +1-312-899-3692
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