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Steel
June 15, 2009
U.S. Coke Plant Delayed
The global economic downturn and the reduction in demand for steel has caused United States Steel Corp. to indefinitely delay a $1 billion upgrade of a coke plant near Pittsburgh to cut costs.
The Pittsburgh-based company said the project at the Clairton plant was expected to create more than 600 construction jobs and ensure thousands of existing jobs.
U.S. Steel has laid off thousands of workers since late last year, when demand and prices plummeted.
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| ALEX’S ECONOMICS BLOG |
Reed Construction Data Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
- A review of some global economic and policy expectations for 2010 (February 3, 2010)
- Synopsis of RCD’s webinar on the economic and construction outlooks (January 28, 2010)
- Increasing signs of world and U.S. economies getting back on track (January 28, 2010)
- More
| PROJECT NEWS BRIEFS |
Updates on Canadian construction projects from Reed Construction Data’s research team. More
- Rounthwaite Dick & Hadley Architects begin work on arena plans for Flamborough, Ontario (Aug 17, 2009)
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- Waterloo partnership seeks LEED Silver for West Side Family YMCA and District Library (May 22, 2009)
