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US Steel Kosice shuts down its second blast furnace

Steelmaker US Steel Kosice, US Steel's subsidiary in Slovakia, has closed the second of its three blast furnaces due to high energy costs and a drop in demand.

US Steel Kosice shuts down its second blast furnace

Steelmaker US Steel Kosice, US Steel's subsidiary in Slovakia, has closed the second of its three blast furnaces due to high energy costs and a drop in demand.

"Management has decided to temporarily close the blast furnace due to very high energy prices, low demand and a sharp increase in steel imports," company spokesman Jan Baka said.

It is stated that they expect the two blast furnaces to be operational again in early 2023.

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