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.