Alpha Steel benefits from ASW closure

Alpha Steel benefits from ASW closure

Alpha Steel of the UK has already purchased its first cargo of billets for rolling into rebars. The company has contracted a cargo ex Byelorussian Steel Works (BMZ) for September/October shipment. Alpha Steel is the best positioned mill to benefit from the temporary closure of ASW. If the shut down becomes permanent due to no interest from any buyers, Alpha Steelmay probably even reconsider starting its meltshop.