AK Steel enters into scrap deal with Tube City
AK Steel has entered into an agreement with Tube City LLC for the purchase of ferrous
scrap for use at the company's
steelmaking facilities.
Tube City will negotiate the majority of carbon
scrap and
pig iron purchases for AK Steel plants in Ashland, Kentucky; Butler, Pennsylvania; and Mansfield and Middletown, Ohio.
Tube city will also be responsible for scheduling, logistics, and quality assurance related to ferrous
scrap for the AK Steel plants.
James L. Wainscott, president and CEO of AK Steel said, “We look forward to working with Tube City as a strategic partner to help us improve costs, quality and reliability as related to our
scrap requirements.”
Pennsylvania's Tube City is a full service organization providing raw materials and services to the steel industry. Tube City helps mills and foundries realize the optimum value from
scrap recycling.
AK Steel produces flat-rolled carbon,
stainless and electrical steels, as well as
tubular steel products for the
automotive, appliance,
construction and
manufacturing markets.