2023-03-20
Mar. 20, 2023 - U.S. Steel has restarted the No. 8 blast furnace at its flagship Gary Works steel mill.
U.S. Steel has restarted both blast furnaces over the past couple of weeks as market conditions have improved.
The steelmaker said it restarted the blast furnace because of rising demand and improving prices.
Steelmakers have gone from facing headwinds to getting winds behind their sales thus far this year. The steel industry has especially benefited as automakers have ramped production back up after being hamstrung by semiconductor chip and other supply chain shortages in recent years.
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