JSW Steel USA secures toll conversion services to deliver high quality HRC products to customers in USA equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
JSW Steel USA gets toll conversion services to deliver HRC products to customers in US
Mumbai, May 4: Steel major, JSW Steel said that its subsidiary JSW Steel USA Ohio Inc, has signed a long-term agreement with Allegheny Technologies Inc.
The agreement is for the conversion of carbon steel slabs manufactured at JSW Steel USA’s facility in Mingo Junction, OH into hot rolled coils at ATI’s Hot Rolling and Processing Facility (HRPF) in Brackenridge, PA. As per the terms of the agreement, ATI is expected to hot-roll a significant percentage of carbon steel slabs produced by JSW Steel USA.
Pittsburgh JSW Steel Ohio has signed a long-term tolling agreement with Allegheny Technologies Inc. to convert slab produced at JSW s facility in Mingo Junction, Ohio, into hot-rolled coil at ATI s hot-rolling and processing facility in Brackenridge, Pennsylvania, JSW USA said in a statement May 4.
Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now As per the terms of the agreement, ATI is expected to hot roll a significant percentage of carbon steel slabs produced by JSW Steel USA, the company said in a statement. Actual tonnage figures were not provided by the company. The ATI facility has had similar arrangements with other US coil producers, such as NLMK USA.
JSW Steel gained 1.07% to Rs 731 after the steel maker announced that its US subsidiary has signed a long-term agreement with Allegheny Technologies Inc. (ATI) for the conversion of carbon steel slabs into hot rolled coils.
JSW Steel USA Ohio Inc, a subsidiary of JSW Steel has signed a long-term agreement with Allegheny Technologies Inc. for the conversion of carbon steel slabs manufactured at JSW Steel USA s facility in Mingo Junction, OH into hot rolled coils at ATI s Hot Rolling and Processing Facility (HRPF) in Brackenridge, PA.
As per the terms of the agreement, ATI is expected to hot-roll a significant percentage of carbon steel slabs produced by JSW Steel USA. The agreement expands JSW Steel USA s ability to supply high quality hot rolled products required by its customers in the U.S thus enhancing its product portfolio.