AK Steel plans to temporarily close a steel mill Because of the hard time for steel industry, most company face the same problem and difficul time. Based on the current market demand conditions, the United States AK Steel Corporation intend to suspend the Kentucky Ashland plant blast furnace and related operations, but still maintain the operation of the automotive industry supply hot-dip galvanizing line. This will be the AK Steel Corporation in October claimed another major production cuts, warned last week in Granite City plant to employees, we are studying the combined North American flat-rolled business. CEO James Wainscott AK Steel Corporation, said, "unfair imports have been inundated as the flood our shores, further deterioration in the market, orders declined significantly, lower capacity utilization, shipments reduced the price decline." Since the beginning of this year in August US hot rolled coil prices dropped by $ 55 / short ton, from the beginning of the year to $ 600-610 / short ton to $ 400-420 / short ton. He said, "We will continue to closely monitor market changes and take the necessary measures, likely to remain high efficiency operation into and continue to meet customer demand." AK Steel has to actively intervene corrosion-resistant steel, cold-rolled and hot-rolled steel sheet and other steel anti-dumping case, but before making the official anti-dumping ruling, will temporarily shut down the device. According to the US notification bill, before the shutdown and layoffs require a 60-day deadline informed, if the market situation does not improve, shutdown will begin in mid-December, and may last six months or more. The plant has an annual capacity of two million tons of blast furnace, the main production of carbon steel slabs and galvanized and galvanized coated sheet. (VAI News)