ArcelorMittal is weighing the sale of some of its long US long product mills, including its facility in Steelton, Pennsylvania, a company spokeswoman said Friday.
"ArcelorMittal confirms it is in discussions concerning the sale of certain long product mills in the United States, including Steelton," spokeswoman Mary Beth Holdford said in a statement. "These discussions may or may not result in an offer being accepted. The company appreciates the importance of such developments to employees and stakeholders and will give further updates as appropriate."
She declined to disclose which other mills are involved in the discussions.
Steelton, which is located south of Harrisburg, Pennsylvania, is one of only three steel plants in North and South America that produce rails for railroads. The plant, which employs about 650 people, operates an electric arc furnace, a three-strand continuous bloom caster and an ingot-teeming facility. It also operates a ladle furnace, a vacuum degasser, a 44-inch breakdown mill, 35-inch/28-inch rail mill and a 20-inch bar mill, according to ArcelorMittal's website.
