US Steel to increase production in Sartid

US Steel to increase production in Sartid

North American steel producer United States Steel Corp (USSC) reportedly plans to increase production capacity of Sartid mill in Serbia with the purpose of meeting strong demand in Europe. As previously reported by SteelOrbis, US Steel acquired Serbian mill Sartid for $23 million in September 2003. In line with the plans of US Steel, an investment of $150 million for the next five years will be made to increase production capacity of Sartid.